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4 Major Japanese Traders Log Lower Net Profits in April-Sept.

4 Major Japanese Traders Log Lower Net Profits in April-Sept.

   Tokyo, Nov. 6 (Jiji Press)--Four of Japan's seven major trading companies have reported weaker April-September earnings, as coal, nonferrous metal and other commodity markets were sluggish on concerns over a global economic slowdown.
   Sumitomo Corp.'s <8053> consolidated net profit for the first half of fiscal 2019 declined 15.0 pct from a year before to 152.4 billion yen, dragged down by falling coal prices and the poor performance of a nickel mine in Madagascar.

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