Mitsui & Co. Ltd. announced financial results for the second quarter and six months ended September 30, 2009. For the quarter, the company reported revenue of �1,027 billion, operating income of �42 billion, net income attributable to company of �16 billion or �8.5 per diluted share against revenue of �1,807 billion, operating Income of �188 billion, net income attributable to company of �137 billion or �75.71 per diluted share a year ago. For the six months, the company reported revenue of �2,007 billion, operating Income of �76 billion, net income attributable to company of �73 billion or �39.91 per diluted share and net cash provided by operating activities of �329 billion against revenue of �3,333 billion, operating Income of �311 billion, net income attributable to company of �241 billion or �131.79 per diluted share and net cash provided by operating activities of �69 billion a year ago.

The Private Power Infrastructure Board (PPIB) has scrapped the 1,000-1,200 MW imported coal-based integrated power project of Mitsui & Co. of Japan on the grounds that the company did not obtain a generation licence from the National Electric Power Regulatory Authority (Nepra) in spite of two reminders. This project had been planned near Gadani, Balochistan, under the 2002 Power Generation Policy and was amended several times to extend incentives to the sponsors. The PPIB had advised Mitsui & Company (Pvt) Limited through letters dated May 27, 2008 and April 11, 2009 to approach the Nepra for tariff determination and procurement of generation licence, but the company failed to take any action.

Mitsui & Co. Ltd. announced cash flow results for the first half ended September 30, 2009. For the period, the company reported net cash provided by operating activities of �328.8 billion, an increase of �259.3 billion from �69.5 billion for the corresponding six-month period of the previous year.