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Japan's SMFG lifts profit forecasts after Q2 net income rises 27%

By Yahoo! Finance   |   Nov 14, 2024 at 03:41 AM EST
Japan's SMFG lifts profit forecasts after Q2 net income rises 27%

Sumitomo Mitsui Financial Group increased its annual net profit forecast to a record 1.16 trillion yen after a 27% rise in second-quarter profit due to higher interest rates. The group's net profit for July-September was 354 billion yen.

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