TOKYO (Reuters) – Japanese trading house Mitsubishi Corp posted on Thursday a 18.4% fall in net profit for the year ended in March to 964 billion yen ($6.2 billion), missing estimates. A LSEG poll of analysts had forecast Mitsubishi’s net profit for the fiscal year at 979 billion yen. ($1 = 155.9300 yen) (Reporting by […]
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Japan’s Mitsubishi full-year profit down 18%, misses estimates
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TOKYO (Reuters) – Japanese trading house Mitsubishi Corp posted on Thursday a 18.4% fall in net profit for the year ended in March to 964 billion yen ($6.2 billion), missing estimates.
A LSEG poll of analysts had forecast Mitsubishi’s net profit for the fiscal year at 979 billion yen.
($1 = 155.9300 yen)
(Reporting by Katya Golubkova; Editing by Jamie Freed)