Sumitmo Chemical just reported its earnings for its Fiscal year Q1. How is that so-called "V shaped recovery" going?
- Cash flow from operating activities down YoY
- Free cash flow down, burning even more cash, YoY
This reminds us a lot of Kyndryl, $KD
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Sumitomo Chemical and Sumitomo Pharmaceutical
(tickers: 4005, 4506): The ¥116 billion Swiss Shuffle
Full Report: Part I