Sumitomo Seika Chemicals Company Limited Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017
August 01, 2017
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Sumitomo Seika Chemicals Company Limited announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 24,949 million against JPY 25,250 million a year ago. Operating income was JPY 2,477 million against JPY 3,009 million a year ago. Ordinary income was JPY 2,405 million against JPY 1,681 million a year ago. Net income attributable to owners of the parent was JPY 1,675 million against JPY 1,077 million a year ago. Net income per share was JPY 121.51 against JPY 78.10 a year ago. Shareholder return on equity for the term was 2.0% against 2.8% 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.
SUMITOMO SEIKA CHEMICALS COMPANY, LIMITED. 
