Sumitomo Electric’s FY 2018/19 net income down 1.8% y/y to USD1 billion
Expects net income of JPY119 billion in FY 2019/20
Sumitomo Electric has reported an 1.8% year-on-year (y/y) decline in net income to JPY118 billion (USD1 billion) for the fiscal year ended 31 March 2018, according to a company press release on 10 May
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