Monday, July 30, 2007

UPDATE 1-Mitsubishi Q1 profit dips 7.3 pct on coal

(Reuters) - Other top trading companies besides Mitsubishi are expected
to ring up record profits this business year as oil and metal
prices are seen staying above their conservative assumed prices,
while profits are expanding in non-energy businesses such as
power generation, infrastructure projects and auto sales.




Mitsubishi, a big supplier of coking coal used in steel
production, copper and liquid natural gas on the world
market, said its group net profit came to 115.3 billion yen
in the April-June first quarter.


Read more at Reuters.com Market News

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