Mitsubishi Motors reported a half-year profit growth of 7%


Japanese car manufacturer Mitsubishi Motors, in the financial half-year to September 30, increased its net profit by 7.2% in annual terms to 51 billion 900 million yen, writes, citing company reporting. Per share, net income increased to 34.8 yen from 32.47 yen. Half-year revenues amounted to 1 trillion 170 billion yen, an increase of 23.5% over the year. Sales during the earnings period increased by 19.3% to 594 thousand cars. The company expects that, following the results of the entire fiscal year, its net profit will be 110 billion yen, with revenue of 2 trillion 400 billion yen.

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