IHS Chemical Week

People & Business :: Earnings/Finance

Sumitomo Chemical’s loss widens, downgrades earnings projections

4:05 AM MDT | October 31, 2012 | Deepti Ramesh

Sumitomo Chemical recorded a net loss of ¥13.1 billion ($164 million) for its fiscal first half, ended 30 September 2012, compared with a net loss of ¥2.7 billion in the year-ago period. First-half sales decreased 3.7%, to ¥961.4 billion. Sumitomo’s petrochemicals and plastics segment recorded a 0.6% increase in first-half sales, compared with the year-ago period, to ¥343.2 billion. The segment, however, reported an operating loss of ¥218 million, compared with an operating profit of ¥7.8 billion in the year-ago period. Shipments...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa