MUFG Reports 95.1% Jump In H1 Net Profit, Lifts Full-Year Outlook

Mitsubishi UFJ Financial Group MIUFY reported a 95.1% surge in its net profit for the April-September first half and lifted its full-year profit outlook. MUFG's net profit for the period surged to 696.09 billion yen ($9.03 billion), from 356.78 billion yen, in the year-ago period. For the full year to next March, MUFG lifted its net profit view to 900 billion yen, versus 600 billion yen, versus analysts' estimates of 902.8 billion yen.