MUFG Full-Year Net Profit Surges 68%
Mitsubishi UFJ Financial Group Inc (NYSE: MTU) reported a 68% rise in its net profit in the year ended in March.
MUFG's net profit for the period climbed to 981.3 billion yen ($12.3 billion), from 583.1 billion yen, in the year-ago period.
For the current financial year, MUFG expects a net profit of 670 billion yen, versus analysts' estimates of 651.5 billion yen.
MUFG shares closed at $4.35 yesterday.
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