Japan’s largest trading house, Mitsubishi Corp, recently reported a 48% rise in its first-half net profit to 89.4 billion yen on the back of China’s growing demand for energy and natural resources. (US$1=105 yen). The results lifted its full-year net profit forecast by 30 billion yen to 160 billion yen, as demand and prices for…
JAPAN: Mitsubishi Corp first half profit up 48% from China demand
Posted on November 23, 2004 by EnergyAsia