JX Advanced Metals Raises Full-Year Profit Forecast 14%
JX Advanced Metals raised its net profit forecast for the year ending next March by 14%, citing robust semiconductor-material demand and a stronger copper-price outlook. It now expects net profit of 160 billion yen.
By Yuka ObayashiJX Advanced Metals TSE:5016 raised on Monday its net profit forecast for the year ending next March by 14%, citing robust demand for semiconductor materials amid the boom in AI servers and a stronger outlook for copper prices.The company now expects net profit of 160 billion yen ($1…