Monday, August 1, 2016

Itochu Q1 net profit slumps on weaker performance from energy assets

TOKYO, Aug 2 (Reuters) - Japanese trading house Itochu Corp

on Tuesday reported a 40 percent fall in quarterly net

profit, hit by lower earnings from its energy assets amid a

prolonged commodity slump and a lack of one-off gains that

boosted income a year earlier.

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