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via finance.yahoo.comBusiness & Companies

Itochu posts record first-half profit, maintains full-year forecast

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- Japanese trading house Itochu Corp (TYO:8001) reported record first-half net profit on Wednesday, supported by broad-based growth across its businesses, as investments and stronger operating performance helped offset uneven conditions in resource markets. Still…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA record first-half profit at a major Japanese trading house is relevant for the stock and the Tokyo market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net profit for the six months to September rises 16% to 580.5 billion yen.
  2. 02Core profit climbs 33% to a record 504.5 billion yen.
  3. 03The full-year net profit forecast of 950 billion yen is maintained.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
ITOCHU Corporation8001.TSEStock2,271.00 JPYMarket closedtoday 0.00%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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