Sumitomo Osaka eyes 20% rise in operating profit on Olympic boost

Sumitomo Osaka eyes 20% rise in operating profit on Olympic boost
Published: 26 February 2014

Tagged Under: Japan Sumitomo Osaka Cement 

Sumitomo Osaka Cement expects to generate consolidated operating profit of JPY25bn (US$241.57m) by fiscal 2016 by benefitting from increased construction demand for projects related to the 2020 Olympics, a Nikkei Report stated quoting company President Fukuichi Sekine. This would mark a 20 per cent jump from the current fiscal year's expected profit of JPY21bn.

Tokyo’s success in being awarded for the 2020 Olympics is expected to



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