Mitsubishi Corp 9-mth profit falls 1.1 pct on higher costs

Newswire

TOKYO, Jan 31 (Reuters) - Mitsubishi Corp , Japan's top trading company, posted a 1.1 percent fall in nine-month net profit on higher costs and the absence of a stock gain booked in the year earlier period, but it kept its annual forecast for a small annual gain. Mitsubishi, a big producer of coking coal, copper and liquefied natural gas (LNG) on the world market, reported April-December net profit of 345.6 billion yen ($3.25 billion), compared with 349.24 billion yen a year earlier. ...

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