Business
Mitsubishi Electric reports nine months results; reaffirms FY24 guidance
- Mitsubishi Electric press release (OTCPK:MIELY) reports nine months results with net profit of ¥186B (34% increase year-on-year).
- Revenue of ¥3782.4 billion (6% increase year-on-year).
- The consolidated earnings forecast for fiscal 2024, ending March 31, 2024, is unchanged from the previous announcement on April 28, 2023 as stated below: Revenue of ¥5,200.0B (4% increase year-on-year); Operating profit of ¥330.0B (26% increase year-on-year); Net profit attributable to Mitsubishi Electric Corp. stockholders of ¥260.0B (22% increase year-on-year).
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