Mitsubishi Corp (8058.T)
25 Sep 2020
Thu, Aug 13 2020
TOKYO Japanese trading house Mitsubishi Corp said it had a difficult first quarter as net profit plunged 77% due to the coronavirus pandemic, which it said is likely to wipe 300 billion yen ($2.8 billion) off its full-year profit.
* No plans to boost its stake in Mitsubishi Motors (Adds details, quotes and rivals' forecasts)
TOKYO, Aug 13 Japanese trading house Mitsubishi Corp reported on Thursday a 77% plunge in net profit for the April-June quarter and predicted annual profit will tumble by 63% as the COVID-19 outbreak will wipe out 300 billion yen ($2.8 billion) in profit.
PARIS, July 30 The new CEO of French carmaker Renault said on Thursday he was confident that his firm's troubled alliance with Japanese partners Nissan and Mitsubishi would demonstrate that it was valuable for all sides.
BRIEF-Neuroscientific Biopharmaceuticals Says Signed Manufacturing Service Agreement With Mitsubishi Corp
* NEUROSCIENTIFIC BIOPHARMACEUTICALS LTD - SIGNED MANUFACTURING SERVICE AGREEMENT WITH MITSUBISHI CORPORATION