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Mitsubishi Chemical revises earnings, sales projections

3:11 AM MST | February 21, 2013 | Deepti Ramesh

Mitsubishi Chemical has revised its earnings and sales forecasts for the full fiscal year ending 31 March. Mitsubishi expects to record net profits of ¥23 billion ($246.5million) for the full fiscal year, having previously forecast net profits of ¥21 billion, and predicts full-year sales of ¥3.12 trillion, having previously forecast full-year sales of ¥3.2 trillion. Mitsubishi expects full-year operating profits of ¥100 billion instead of the previously predicted full-year operating profits of ¥120 billion. The earlier forecasts were...

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