TOKYO : Japanese trading house Marubeni on Friday posted 503 billion yen ($3.5 billion) in net profit for the year ended in March, up 7 per cent from a year ago and beating forecasts.
A LSEG poll of analysts had forecast Marubeni’s fiscal year net profit at 498 billion yen. The company forecasts net profit for the year ending next March at 510 billion yen.
($1 = 145.4300 yen)
