Nippon Steel, Japan's top steel producer, lifted its net profit forecast for the year through end-March to reflect stronger-than-expected results in the...
TOKYO - Nippon Steel, Japan's top steel producer, lifted its net profit forecast for the year through end-March to reflect stronger-than-expected results in the first half, helped by improved margins and higher gains from group companies.
The company said in a statement its net profit declined 19.4% to 300 billion yen in the April-September period, but the figure beat its earlier forecast of 200 billion yen, supported by a smaller appraisal loss in its inventories.Bank of Nova Scotia stock could be a major bargain in the banking scene right now. The post Canadian Bank Stocks Look Severely Undervalued: Here’s 1 With a 7.6% Yield appeared first on The Motley Fool Canada.
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