Mitsubishi almost quadruples its half-year earnings, up to 566 million

MADRID, 2 Nov.

Mitsubishi almost quadruples its half-year earnings, up to 566 million

MADRID, 2 Nov. (EUROPA PRESS) -

Mitsubishi Motors recorded an attributable net profit of 82,736 million yen (566 million euros) in the first half of its fiscal year (ended in September), which is almost four times (281.8%) the figures for that period of the previous year, according to data published by the company.

Between April and September of this year, the car company experienced a 30.1% improvement in its turnover, accounting for revenues of 1.15 trillion yen (7,932 million euros).

In the first half of the 2022-2023 fiscal year, which ends in March of next year, the Japanese firm posted an operating profit of 84,628 million yen (579 million euros), 236% year-on-year growth.

On the occasion of these positive half-year results, the company has revised upwards its forecasts for the fiscal year as a whole. Thus, the firm plans to end the year with a net attributable profit of 140,000 million yen (959 million euros), 55% more than the initial estimate and almost doubling the results of the previous year.

The company anticipates that it will close the 2022-2023 fiscal year with a turnover of 2.53 trillion yen (17,328 million euros), 7.7% more than the previous forecast and 24% higher than the turnover for the 2021-2022 financial year. .

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