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News Sumitomo Osaka Cement raises sales in 2024 financial year

Sumitomo Osaka Cement raises sales in 2024 financial year

Written by Global Cement staff 29 May 2024
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Japan: Sumitomo Osaka Cement recorded sales of US$1.42bn in the 2024 financial year, up by 9% year-on-year from 2023 financial year levels. The company’s net profit was US$104m, up by 32%. Its cement sales were US$1.02bn, up by 14% year-on-year.

Japanese cement demand for the financial year totalled 34.6Mt, down by 7% year-on-year. Under its 2025 Medium-Term Management Plan, Sumitomo Osaka Cement has continued work to increase its profitability and to expand its overseas business in Australia, as well as developing new ventures in the decarbonisation field.

Published in Global Cement News
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  • Japan
  • Sumitomo Osaka Cement
  • Results
  • GCW661
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