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Sumitomo Corp CEO - Trading In Natural Gas And LNG Expanded In The United States And Europe In Response To Rising Energy Prices, Contributing To Higher Profits In H1

By Reuters News

Nov 2 (Reuters) - SUMITOMO CORPORATION 8053.T:

  • SUMITOMO CORP CEO: TRADING IN NATURAL GAS AND LNG EXPANDED IN THE UNITED STATES AND EUROPE IN RESPONSE TO RISING ENERGY PRICES, CONTRIBUTING TO HIGHER PROFITS IN H1

  • SUMITOMO CORP CEO: EXPECTS GAS TRADING BUSINESS TO CONTINUE PERFORMING WELL, SUPPORTED BY STEADY PERFORMANCE IN U.S. OPERATIONS AND ESTABLISHMENT OF A EUROPEAN OFFICE

  • SUMITOMO CORP CEO: WE ARE EXAMINING OUR OFFSHORE WIND PROJECT IN NAGASAKI PREFECTURE FROM VARIOUS ANGLES WITH A VIEW TO MOVING IT FORWARD

  • SUMITOMO CORP CEO: ALTHOUGH WE HAVE YET TO MAKE A FINAL INVESTMENT DECISION, OUR PLAN TO COMMENCE OPERATIONS AT SAIKAI OFFSHORE WIND PROJECT IN 2029 REMAINS UNCHANGED FOR NOW

Source text: [ID:]

Further company coverage: 8053.T

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