Mitsubishi UFJ Raises Annual Earnings Target After First-Half Profit Beat
Mitsubishi UFJ raised its annual earnings target after first-half profit growth, citing higher domestic lending rates, loan growth and greater fee income. It now targets a 15% rise in net profit.
By Kosaku NariokaMitsubishi UFJ Financial Group raised its annual earnings target following better-than-expected profit growth in the first half, driven by a steady rise in domestic lending rates, loan growth and greater fee income.The Japanese financial company now targets a 15% rise in net profit…