Sumitomo Chemical reports consolidated financial results for the half-year ended September 30, 2021

Date:10-29-2021

For the half-year ended on September 30, 2021, the Sumitomo Chemical Group reported consolidated sales revenue of ¥1,325.2 billion, an increase of ¥278.4 billion year on year, core operating income of ¥148.9 billion, operating income of ¥144.3 billion, and net income attributable to owners of the parent of ¥88.9 billion, all higher than the results from the same period of the previous year.

The financial results of Health & Crop Sciences segment for the half-year is as follows:

Shipments of crop protection products in North America, South America and India stayed firm. Market prices of methionine (feed additives) increased from the same period of the previous year. As a result, sales revenue increased by ¥23.4 billion from the same period of the previous year, to ¥209.4 billion. Core operating income increased by ¥9.1 billion from the same period of the previous year, to ¥18.5 billion.