Yusen Logistics’ Profit Plunges Despite Revenue Growth

Yusen Logistics’ Profit Plunges Despite Revenue Growth

Major Japanese international freight forwarder Yusen Logistics Co. said that its group net profit plunged 38.9 percent in the first three quarters of fiscal 2013, which started on April 1, 2013, from a year earlier to ¥913 million (US$8.95 million) despite a big jump in operating revenue.

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