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Japan's Marubeni halves profit outlook on oil price slide, Gavilon

2015-01-26 14:06:15| Grocery - Topix.net

Japanese trading house Marubeni Corp on Monday halved its net profit projection for this business year, booking losses on resource assets due to falls in oil, copper and coal prices. It is now forecasting a net profit of 110 billion yen for the year ending in March, compared with its earlier forecast of 220 billion yen.

Tags: price oil profit slide

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