Sumitomo Electric’s H1 net income up 13% y/y to USD422 million

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Company expects net income of JPY125 billion for full year

Sumitomo Electric has reported an 13% year-on-year (y/y) growth in net profit to JPY47.9 billion (USD422 million) for the first half ended 30 September 2018, according to the company website.

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