Japan's Nippon Steel, the largest steelmaker in Japan, reported a 20.8% decline in net profit for the fiscal year ending in March, amounting to $3.53 billion. The decrease was attributed to losses from inactive facilities, despite surpassing analyst expectations.
WATCH: Nippon Steel posted a 20.8% decline in net profit for the year ended March. Japan's biggest steelmaker was hit by losses at inactive facilities. However, the profit of $3.53 billion substantially beat analyst estimates https://t.co/Isrzbpk3Pg https://t.co/SjKLARlWg0
Nippon Steel posted a 20.8% decline in net profit for the year ended March. Japan's biggest steelmaker was hit by losses at inactive facilities. However, the profit of $3.53 billion substantially beat analyst estimates https://t.co/damJEIHL5I https://t.co/zWXHJL3DOD
WATCH: Japan's biggest steelmaker Nippon Steel beat estimates, but posted a 20.8% decline in net profit for the year ended in March to $3.53 billion because of losses on inactive facilities https://t.co/Isrzbpk3Pg https://t.co/ED6rdlh9Ju
Japan's biggest steelmaker Nippon Steel beat estimates, but posted a 20.8% decline in net profit for the year ended in March to $3.53 billion because of losses on inactive facilities https://t.co/damJEIHdga https://t.co/lEJazz3h5B
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Japan's Nippon Steel full-year profit down 21%, beats estimates https://t.co/ORDQHUOTDu https://t.co/rv1PNypr14
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