Mitsubishi UFJ chalks up record profit??? YAU MOU GAU....CHOR!!

TOKYO, Thurs: Mitsubishi UFJ Financial Group (MUFG), the world’s biggest bank born of a merger last month, reported today the largest net profit for any Japanese company at 711.8 billion yen (100 yen = RM3.18) in its maiden results.

A year ago, Mitsubishi Tokyo Financial Group and UFJ had a combined loss of 502.6 billion yen as UFJ fell deep into the red because of bad loans. For the six months to September, net profit at Mitsubishi Tokyo Financial Group alone rose to just over 300 billion yen from 172 billion yen a year earlier. UFJ made a profit of 411 billion yen against a year-earlier loss of around 674 billion yen. For the merged entity, the results top the 570.5 billion yen made by Toyota Motor in the same period, stealing the carmaker’s crown for the biggest profits for a Japanese company. — AFP
source click here -> NST

Comment:
World's biggest bank making HUGE profit this year. Total: 711.8 Billion Yen OMG!!
Toyota only making profit of 570.5 Billion Yen!!!
It shows that, Banker still the final big winner.

When can our Bank Negara learn from them!!
YAU MOU GAU....CHOR!!