Sumitomo Records Rise in Profits and Sales and Asahi Kasei Posts Huge Rise in Earnings

06:32 AM | May 11, 2011 | Deepti Ramesh

Sumitomo Chemical recorded a 66% rise in net profits for the fiscal year ended March 31, 2011, compared with the previous fiscal year, to ¥24.4 billion ($302 million). Sales increased 22%, to ¥1.98...