Sumitomo Osaka Cement’s sales fall as profit rises in first nine months of 2022 financial year

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Japan: Sumitomo Osaka Cement recorded sales of US$1.19bn in the first nine months of the 2022 financial year, down by 22% year-on-year. The company’s net profit was US$71.7m. For its full-year 2022 financial year, the group forecast sales of US$1.61bn, down by 22% from full-year 2021 financial year levels. It expects full-year net profit to drop by 32% to US$69.2m.

Last modified on 16 February 2022

URL: https://www.globalcement.com/news/item/13671-sumitomo-osaka-cement-s-sales-fall-as-profit-rises-in-first-nine-months-of-2022-financial-year

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