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Sojitz 1H FY 2012 Net Sales Up 11.7%
 

Tokyo, Nov 4, 2011 (JCN) - Sojitz Corp. has reported net sales of 2.196 trillion yen ($28.14 billion) for the first half of fiscal year 2012, ended September 30, 2011 ·up 11.7% compared with the same period last year, driven by increased cigarette prices as well as exports. The company also highlighted the increased trading volumes of oil and coal.

In terms of operating income, Sojitz posted 22.72 billion yen ($291 million), up 30.8% compared with the same period last year, due to the increase in overseas automobile sales units and higher price and production volumes of oil and coal.

By Chris Lui Staff Writer

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  Sojitz 1H FY 2012 Net Sales Up 11.7%  (Nov 4, 2011)



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