Sumitomo Metal Mining Co., Ltd. provided consolidated earnings guidance for the Second quarter and full year ending March 31, 2023. For the quarter, the company expects net sales of JPY 689,000 million, Profit before tax of JPY 149,000 million, Profit of JPY 110,000 million, Basic earnings per share of JPY 374.86. Profit attributable to owners of parent to be JPY 103,000 million.

For the year, the company expects net sales of JPY 1,357,000 million, Profit before tax of JPY 218,000 million, Profit of JPY 162,000 million, Basic earnings per share of JPY 538.63. Profit attributable to owners of parent to be JPY 148,000 million.