Mitsui Chemicals 9-month Profit Drops On Weak Sales, Cuts FY25 Outlook; Shares Down
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Mitsui Chemicals, Inc. reported a 40.1% drop in net income to 22.6 billion yen for the first nine months of fiscal 2025, with sales revenues down 9% to 1.22 trillion yen. The company has cut its fiscal 2025 outlook, projecting net income of 42 billion yen, operating income of 87 billion yen, and sales revenues of 1.68 trillion yen, down from previous estimates. Shares fell 3.5% to 2,300.00 yen, impacted by reduced automobile production.
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