Mitsubishi UFJ Financial Group (MUFG), Japan's largest lender by assets, reported a 0.4% decrease in its first-quarter profit. This decline is attributed to a change in the reporting period at one of its overseas subsidiaries and an equity-method affiliate. For the period of April to June, MUFG recorded a group net profit of 556 billion yen ($3.7 billion), down slightly from 558 billion yen in the same quarter last year.
Comments
Post a Comment