Sumitomo Bakelite Co. Ltd. reported condensed consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported revenue of JPY 157,687 million compared to JPY 163,112 million a year ago. Operating profit was JPY 11,494 million compared to JPY 14,041 million a year ago. Profit was JPY 9,981 million compared to JPY 10,926 million a year ago. Basic earnings per share was JPY 212.22 compared to JPY 229.16 a year ago.

For the fiscal year ending March 31, 2020, the company expects revenue of JPY 205,000 million, business profit of JPY 16,000 million, net income attributable to owners of the parent of JPY 12,300 million and basic earnings per share of JPY 261.37 per share.