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FINWIRES

Mitsui & Co.'s Profit Rises 53% in Fiscal Q1

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Mitsui & Co. (TYO:8031) posted a 53.4% year-over-year increase in attributable profit to 294.05 billion yen for the three months ended June 30 from 191.65 billion yen.

The general trading conglomerate's earnings per share increased to 103.65 yen from 66.63 yen a year ago, according to a Tokyo Stock Exchange filing on Tuesday.

Revenue jumped 31.7% to 4.348 trillion yen from 3.299 trillion yen in the year-ago period.

For the fiscal year ending March 31, 2027, the company forecasts an attributable profit of 920 billion yen and EPS of 324.54 yen.

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