Sumitomo Electric’s Q1 net profit down 68.8% y/y to USD60.2 million
Company expects net income of JPY119 billion for full year ending 31 March 2020
Sumitomo Electric has reported a 68.8% year-on-year (y/y) decline in net income to JPY6.5 billion (USD60.2 billion) for the first quarter ended 30 June 2019, according to a company press release on 31 July
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