Japan's Mitsubishi H1 net profit up 33% to 618 billion yen
The logo of Mitsubishi Corp is pictured at its head office in Tokyo, Japan August 2, 2017. REUTERS/Kim Kyung-Hoon/ File Photo
TOKYO : Japanese trading house Mitsubishi on Friday posted net profit of 618 billion yen ($4 billion) for the six months to September, up 33 per cent 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)
Source: Reuters
