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Japan's SMFG posts 33% rise in first-quarter profit

Japan's SMFG posts 33% rise in first-quarter profit

- Japan's Sumitomo Mitsui Financial Group 8316.T recorded a 33% rise in first-quarter profit, it said on Friday.

Net profit for the April-June quarter stood at 501.4 billion yen ($3.13 billion) compared to 376.9 billion yen in the same period of the previous year.

($1 = 160.3900 yen)


(Reporting by Anton Bridge; Editing by Muralikumar Anantharaman)

((Anton.Bridge@thomsonreuters.com;))

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