Brief: Sumitomo Corp: To Record About 70 Billion Yen Loss In Connection With Transfer Of All Of Equity Interests In Ambatovy Nickel Project In Madagascar
01/05/2026 05:06
May 1 (Reuters) - Sumitomo Corp 8053.T: SUMITOMO CORP - TO RECORD LOSS OF ABOUT 70.0 BILLION YEN IN CONNECTION WITH TRANSFER OF ALL OF EQUITY INTERESTS IN AMBATOVY NICKEL PROJECT IN MADAGASCAR SUMITOMO CORP - IMPACT ON PROFIT AND LOSS ASSOCIATED WITH THIS TRANSFER HAS ALREADY BEEN INCORPORATED INTO CONSOLIDATED EARNINGS FORECAST FOR FY2026/27 ANNOUNCED TODAY Source text: ID:nTSqa7df87 Further company coverage: 8053.T
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