JAPAN: Mitsubishi Motors’ H1 operating income falls 10%
Mitsubishi Motors' first fiscal half sales fell 5% to JPY860bn (US$10.8bn). Operating income fell 10% to JPY30.8bn but net income soared 184% to JPY30.1bn year on year.
Mitsubishi Motors’ first fiscal half sales fell 5% to JPY860bn (US$10.8bn). Operating income fell 10% to JPY30.8bn but net income soared 184% to JPY30.1bn year on year.
Global retail sales volume fell 8% to 478,000 units.
MMC has revised down or held steady its full-year forecasts. It now expects sales volume of 1,044,000 units (down 46,000 from the 30 July forecast); sales: JPY1,830bn (JPY150bn down) and no changes to operating income of JPY80bn and net income of JPY13bn.
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