Trading income lifts Mizuho Financial earnings
(01-31 17:54)
Japan's Mizuho Financial Group said net profit in the nine months to December soared 44.8 percent from a year earlier, thanks in part to big trading gains.
Japan's third-largest bank by market capitalization posted a net profit of 391.77 billion (US$4.3 billion) on operating revenue of 2.13 trillion yen, up 8.1 percent from the same period a year earlier, AFP reports.
Mizuho left unchanged its group earnings forecast for the full year to March, expecting a net profit of 500 billion yen.
The lender reported an annual net profit of 484.52 billion yen for the previous fiscal year, helped by an improvement in credit-related costs.
|
|
|
|
