JX Holdings Reports Decline In April-December Profit, Raises Revenue Outlook

JX Holdings Inc JXHLY reported a drop in its group net profit in the April-December period. JX Holdings posted a net profit of Y158.8 billion in the April-December period, versus Y327.3 billion, in the year-ago period. Its revenue surged 12.2% to Y7.790 trillion, from Y6.943 trillion. JX Holdings' operating profit jumped 39.4% to Y234.54 billion from Y168.29 billion. For the full fiscal year to March, JX Holdings maintained its net profit forecast of Y170 billion. It lifted its full year revenue outlook to Y10.5 trillion from Y10.25 trillion.