Sumitomo Riko Sees Sales and Profits Rise for Q1

Sumitomo Riko Co. Ltd. (TYO:5191) has posted its business results for the first quarter of fiscal 2021. The company’s sales revenue came to 109.79 billion yen ($1 billion), up 67.9 percent year-on-year; business profit came to 2.71 billion yen, up from an 8.04 billion yen loss; and net profit came to 1.73 billion yen, up from a 7.38 billion yen…

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