Stock

Japan’s Mitsubishi H1 net profit up 33% to 618 billion yen

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TOKYO (Reuters) – Japanese trading house Mitsubishi on Friday posted net profit of 618 billion yen ($4 billion) for the six months to September, up 33% from a year earlier, driven by lower yen and divestments.

In April-September last year, the company reported net profit of 466 billion yen. Mitsubishi kept its net profit forecast for the fiscal year ending in March unchanged at 950 billion yen. 

($1 = 152.3600 yen)

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