Sumitomo Metal Mining Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2019. For the six months, the company reported net sales of JPY 422,404 million against JPY 466,657 million for the same period a year ago. Profit was JPY 32,070 million against JPY 61,943 million for the same period a year ago. Basic EPS was JPY 106.94 against JPY 211.28 for the same period a year ago.

The company provided earnings guidance for the year ending March 31, 2020. For the year, the company expected net sales of JPY 857,000 million, profit attributable to owners of the parent of JPY 60,000 million and basic EPS of 218.35.

The company provided year end dividend guidance for the year ending March 31, 2020. For the period, the company expected dividend of JPY 38 per share compared to JPY 22 per share paid in the same period ago.