Japan's Marubeni targets second year of record profit on asset gains
Real Estate
TOKYO, May 1 : Japanese trading house Marubeni on Friday forecast 580 billion yen ($3.7 billion) in net profit for the current fiscal year, which would be a 6.6 per cent annual increase to its bottom line and a company record for the second year in a row. Marubeni, which conducts business across energy, food, finance, real estate and other sectors, said its profit for the year ending next March would be supported by its energy and chemicals units, along with metals and mineral resources, and
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