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Japan's Mitsui, Marubeni keep FY earnings forecasts, cut metal estimates
2014-11-06 17:22:06| Chemicals - Topix.net
Japanese trading houses Mitsui & Co and Marubeni Corp stuck on Thursday to their full-year net profit estimates but cut the forecasts for their metals business on a slump in iron ore and coal prices. They also reported a rise in net profit for the April-September period, with Marubeni, the third-biggest trading house by sales, posting a record profit as the weak metal performance was offset by growth in other businesses.
Tags: metal
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Category:Chemicals