Sumitomo Metal Mining Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Revises Earnings Guidance for the Full Year Ending March 31, 2017; Provides Dividend Guidance for the Full Year Ending March 31, 2017
For the full year ending March 31, 2017, the company now expects net sales of JPY 775,000 million, operating income of JPY 76,000 million, ordinary income of JPY 1,000 million, loss attributable to owners of parent of JPY 15,000 million or JPY 27.19 per share against previously expected of net sales of JPY 714,000 million, operating income of JPY 48,000 million, ordinary income of JPY 33,000 million, profit attributable to owners of parent of JPY 19,000 million or JPY 34.44 per share.
For the year ending March 31, 2017, the company expects year-end dividend of JPY 6.00 per share compared to JPY 10.00 per share paid a year ago.