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Sumitomo Corp Posts 18.6% Profit Rise for April–September Period

The Japanese trading giant kept its full-year forecast intact despite a notable mid-year profit increase.

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Terms & Concepts
  • Net Profit: The amount of income that remains after all expenses, taxes, and costs have been deducted from total revenue.
  • Full-Year Forecast: A company's projected financial performance for the entirety of its fiscal year, based on current data and trends.