Sumitomo Seika Chemicals Company, Limited. Announces Audited Consolidated Earnings Results for the Six Months Ended September 30, 2019
November 05, 2019
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Sumitomo Seika Chemicals Company, Limited. announced audited consolidated earnings results for the six months ended September 30, 2019. For the six months, the company reported net sales of JPY 48,643 million against JPY 54,954 million for the same period a year ago. Operating income was JPY 3,660 million against JPY 4,801 million for the same period a year ago. Net income attributable to owners of the parent was JPY 1,661 million against JPY 3,145 million for the same period a year ago. Net income per share for the term was JPY 120.45 million against JPY 228.05 million for the same period a year ago.
Sumitomo Seika Chemicals Company, Limited. is a Japan-based chemical company. The Company operates in three segments. The Chemical Product segment manufactures and sells industrial chemicals, medical products, functional products, water-soluble polymers and fine-grained polymers. The Water Absorbing Resin segment provides super water absorbing resins. The Gas and Engineering segment is engaged in the manufacture and sale of medical gas, chemical gas, standard gas, electronics gas and industrial chemicals, as well as the design, manufacture and sale of pressure swing absorption (PSA) of oxygen/nitrogen/hydrogen gas generators and general chemical engineering equipment, among others.