Japan’s Marubeni H1 net profit down 13% to 238.1 billion yen

TOKYO : Japanese trading house Marubeni on Friday posted a net profit of 238.1 billion yen ($1.6 billion) in the six months to end-September on lower commodity prices, down 13 per cent from the same period a year earlier.
Last year, Marubeni’s net profit for the April-September period was 251.3 billion yen. Marubeni kept its forecast for net profit for the fiscal year ending on March 31, 2025, unchanged at 480 billion yen.
($1 = 152.1200 yen)