TOKYO : Japan's Itochu Corp posted a 2.4 per cent fall in net profit for the fiscal year ended in March to 800.5 billion yen ($6 billion) on a weaker food business but promised higher dividends for the current year despite a conservative earnings forecast.Japan's trading houses Marubeni Corp, Mitsui & Co
TOKYO : Japan's Itochu Corp posted a 2.4 per cent fall in net profit for the fiscal year ended in March to 800.5 billion yen on a weaker food business but promised higher dividends for the current year despite a conservative earnings forecast.
Japan's trading houses Marubeni Corp, Mitsui & Co and Sojitz posted a combined $13 billion in net profit for the year ended on March 31 as Russia's invasion of Ukraine lifted energy prices, but they warned that the new fiscal year will be weaker.
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