Nippon Steel's 9-month net profit down 18% to $2.4 billion

Reuters
06 Feb
Nippon Steel's 9-month net profit down 18% to $2.4 billion

TOKYO, Feb 6 (Reuters) - Nippon Steel 5401.T, Japan's biggest steel maker, on Thursday posted an 18% drop in profit for the nine months ended December to 362 billion yen ($2.4 billion).

It kept its net profit forecast for the fiscal year ending in March unchanged at 310 billion yen.

($1 = 152.4600 yen)

(Reporting by Katya Golubkova; Editing by Himani Sarkar)

((jekaterina.golubkova@thomsonreuters.com;))

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