08 May 2013 09:45 [Source: ICIS news]
TOKYO (ICIS)--ITOCHU Corp’s energy and chemicals segment posted a 39% year-on-year fall in full-year net profit to yen (Y) 23.1bn ($233m), the Japanese trading firm said on Wednesday.
Gross profit for the segment for the year ended 31 March 2013 rose by 6% to Y165bn, while trading transactions increased by 12% to Y5,358bn.
Full-year net profit in the metals and minerals segment fell by 42% year on year to Y82.5bn, while gross trading profit declined by 35% to Y79.5bn.
ITOCHU Corp’s overall net profit for the full year was down by 6.7% to Y280.3bn from the previous year, while “trading income,”or operating profit, decreased by 10% to Y244.2bn.
($ = Y99)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections