Sumitomo Metal Mining H1 Earnings Rise 67%, Cuts FY2026-27 Outlook
Sumitomo Metal Mining reported higher revenue and a 67% year-over-year increase in earnings for the six months ended September 30. It lowered its earnings outlook for the fiscal year ending March 31, 2027.
TOKYO (dpa-AFX) - Sumitomo Metal Mining Co., Ltd. (S19.F, 5713.T), a Japanese mining major, reported financial results for the six months ended September 30, recording a surge in earnings year-over-year, with higher revenue. For the fiscal ending March 31, 2027, the company lowered earnings guidanc…