"In the short term, any impact on our business in China will be limited," Chief Financial Officer Kazuyuki Masu told an earnings news conference.
Reuters
@moneycontrolcom
Japanese trading house Mitsubishi Corp is closely watching the development of a spreading coronavirus in China as it will affect the global economy and prices of natural resources, its chief financial officer said on Wednesday.
"In the short term, any impact on our business in China will be limited," Chief Financial Officer Kazuyuki Masu told an earnings news conference.
"But we need to closely watch the development as the spreading outbreak will affect economic activities and natural resource markets," he said, adding that changes in commodity prices will have an impact on its earnings over the long term.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.First Published on Feb 5, 2020 11:55 am
