Sumitomo Metal Mining Co., Ltd. provided earnings guidance for the six months ending September 30, 2022 and full Fiscal year 2023. For the six months, the company expects net sales of ¥689,000 million, profit before tax of ¥149,000 million and Profit attributable to owners of parent of ¥103,000 million or ¥374.86 basic per share.

For the year ending March 31, 2023, the company expects net sales of ¥1,357,000,000 million, profit before tax of ¥218,000,000 million and Profit attributable to owners of parent of ¥148,000,000 million or ¥538.63 basic per share.