Japan’s Mizuho Financial Group said Thursday that its net profit in the nine months to December soared 44.8 percent from a year earlier, thanks in part to big trading gains.
Japan’s third-largest bank by market capitalisation posted a net profit of 391.77 billion ($4.3 billion) on operating revenue of 2.13 trillion yen, up 8.1 percent from the same period a year earlier.
Mizuho left unchanged its group earnings forecast for the full year to March, expecting a net profit of 500 billion yen.
The lender reported an annual net profit of 484.52 billion yen for the previous fiscal year, helped by an improvement in credit-related costs.
– Dow Jones Newswires contributed to this report –
Japan's Mizuho FG nine-month net profit jumps 44.8%
