Mitsubishi Materials Corp (5711.T)
16 Nov 2017
Latest Key Developments (Source: Significant Developments)
Mitsubishi Materials' Group profit likely fell over 20%, Dowa Holdings profit likely fell 40% for April-June quarter - Nikkei
Nikkei: Mitsubishi Materials' Group operating profit apparently plunged over 20% from year-earlier level to 12.5 bln yen or so for April-June quarter - nikkeiquarter - Nikkei . Profit for Dowa Holdings likely tumbled 40% to around 6.5 bln yen for April-June quarter - Nikkei . Sales for Dowa Holdings fell 20% to about 90 billion yen for April-June quarter - Nikkei . Mitsubishi Materials Corp's sales likely dipped over 10% to around 310 billion yen for the April-June quarter - Nikkei .Dowa Holdings,Mitsubishi Materials' Group seen retaining forecasts of declining 2017 profit,sales when April-June qtr earnings are announced - Nikkei. Full Article
Mitsubishi Materials Corp:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+".Rating outlook stable. Full Article
SYDNEY, Oct 3 London copper and zinc prices eased on Tuesday after starting the week firmer, with investors taking profits in holiday-thinned trading in Asia.