Wednesday, March 23, 2016

Mitsui sees around $620 mln annual loss on writedowns on copper, LNG assets

TOKYO, March 23 (Reuters) - Japanese trading firm Mitsui &

Co said on Wednesday it expected a net loss of 70

billion yen ($623 million) for the business year to March 31,

against an earlier forecast for a profit of 190 billion yen, hit

by hefty one-off losses in its copper and other resource assets.

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