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The Bull Case For Sumitomo (TSE:8053) Could Change Following Earnings Beat And Chennai Expansion - Learn Why
Sumitomo Corporation recently reported first-quarter 2026 results showing revenue of ¥1,949,362 million and net income of ¥190,075 million, alongside confirming its full-year profit and dividend guidance for the year ending March 31, 2027.
In parallel, Sumitomo and its joint venture partners executed a Second Supplemental Agreement to expand their industrial park project in Chennai, India, adding infrastructure growth to the company’s earnings momentum and capital return plans.
Building on...