Sumitomo Riko Forecasts Record High Sales of 425B Yen for Fiscal 2017

Sumitomo Riko Co. Ltd. (TYO:5191) has announced that its sales for the fiscal year ending March 2018 is expected to reach a record high of 425 billion yen ($3.9 billion), up 0.6 percent year-on-year. Additionally, the company expects that its operating profit will rise by 6.6 percent to 14.5 billion yen and that its net profit will jump by 25.1…

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