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Mitsui Quarterly Profit Declines 24%

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Mitsui & Co (OTC: MITSY) reported a 24% drop in its latest fiscal quarter profit.

Mitsui's quarterly net profit fell to Y85.6 billion ($930 million), from Y112.9 billion, in the year-ago period.

Its operating profit declined to Y48.6 billion from Y94.7 billion, while revenue rose to Y1.813 trillion from Y1.317 trillion.

Mitsui shares fell 1.05% to close at $298.87 on Friday.

Posted-In: profitEarnings News


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