Sumitomo Riko Reports 3Q Results, Strong Profit Growth From Automotive Products

Sumitomo Riko’s (TYO:5191) results for the first nine months of the fiscal year ending March 2016 show sales of 316.4 billion yen ($2.7 billion), up 8 percent. Operating profit increased 75 percent to 8.7 billion yen, while net profit was 1 billion yen against a loss of 323 million yen in the same period of the previous year.

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