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Mitsubishi UFJ nine-month profit more than doubles

Mitsubishi UFJ nine-month profit more than doubles

Mitsubishi UFJ Financial Group Inc., Japan's biggest bank, says its nine-month profit more than doubled.
The company, known as MUFG, reported net profit of 551.83 billion yen ($6.76 billion) in the April-December period. It booked 217.07 billion yen profit last year.
The bank credited its results to lower expenses, strong bond sales and fewer bankruptcy-related losses.