MUFG H1 Net Profit Down 58%

Mitsubishi UFJ Financial Group MTU posted a 58% drop in its first-half net profit. MUFG's net profit for the period dropped to 290.5 billion yen ($3.66 billion), from 696.1 billion yen, in the year-ago period. MUFG shares closed at $4.35 yesterday.
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