Sumitomo Metal Mining Co., Ltd. reported consolidated financial results for the first quarter ended June 30, 2019. For the quarter, the company reported profit of ¥15,388 million or ¥51.90 per basic and diluted share on net sales of ¥207,049 million against profit of ¥32,646 million or ¥105.21 per basic and diluted share on net sales of ¥241,980 million for the same period of last year.

For the six months ending September 30, 2019, the company expects, profit attributable to owners of parent of ¥25,000 million or ¥90.98 per basic share on net sales of ¥421,000 million.

For the year ending March 31, 2020, the company expects, profit attributable to owners of parent of ¥64,000 million or ¥232.91 per basic share on net sales of ¥868,000 million.

For the fiscal year ending March 31, 2020, the company expects to pay interim dividend of JPY 39.00 per share at the end of the second quarter compared to JPY 51.00 per share declared last year.

For the fiscal year ending March 31, 2020, the company expects to pay year end dividend of JPY 43.00 per share compared to JPY 22.00 per share declared last year.