Mitsubishi Motors H1 Profit Soars, Boosts FY22 Outlook

RTTNews | 812 days ago
Stocktwits
Mitsubishi Motors H1 Profit Soars, Boosts FY22 Outlook

(RTTNews) - Mitsubishi Motors Corp. (MMTOF.PK) reported Wednesday that its first-half net income attributable to owners of the parent soared to 82.74 billion Japanese yen from last year's 21.67 billion yen.

Earnings per share grew to 55.59 yen from 14.56 yen a year ago. Operating income for the quarter climbed 274.2 percent to 101.32 billion yen from last year.

Net sales for the first half increased 30.1 percent to 1.16 trillion yen from 890.57 billion yen in the same period last year.

Looking ahead for fiscal year 2022, the company now expects profit attributable to be 140 billion yen or 94.07 yen per share, on net sales of 2.53 trillion yen.

The company previously expected profit attributable to be 90 billion yen or 60.47 yen per share, and net sales of 2.35 trillion yen.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: MMTOF.PK 7211
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Thai Stock Market May Extend Winning Streak

Thai Stock Market May Extend Winning Streak

The Thai stock market has tracked higher in two straight sessions, collecting more than 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau and it may open in the green again on Thursday.
RTTNews | 5h 37min ago
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese market is modestly higher on Thursday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,700 level, with gains in some index heavyweights and exporters. Traders also remain cautious ahead of the interest rate decision on Friday.
RTTNews | 6h 0min ago
Overbought Indonesia Bourse Nonetheless Called Higher On Thursday

Overbought Indonesia Bourse Nonetheless Called Higher On Thursday

The Indonesia stock market has climbed higher in six straight sessions, advancing more than 280 points or 3.8 percent along the way. The Jakarta Composite Index now sits just above the 7,250-point plateau and it's expected to at least open higher again on Thursday.
RTTNews | 6h 7min ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, giving up some of the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to stay a tad above the 8,400 level, with weakness in mining and financial stocks.
RTTNews | 6h 31min ago
Higher Open Tipped For Hong Kong Stock Market

Higher Open Tipped For Hong Kong Stock Market

The Hong Kong stock market on Wednesday snapped the six-day winning streak in which it had surged more than 1,230 points or 6 percent. The Hang Seng now sits just above the 19,775-point plateau although it's got another upbeat lead for Thursday's trade.
RTTNews | 6h 37min ago
South Korea Q4 GDP Climbs 0.1% On Quarter

South Korea Q4 GDP Climbs 0.1% On Quarter

South Korea's gross domestic product improved a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2024, the Bank of Korea said on Thursday.
RTTNews | 6h 45min ago
China Stock Market May Halt Its Slide On Thursday

China Stock Market May Halt Its Slide On Thursday

The China stock market has tracked lower in consecutive trading days, surrendering more than 30 points or 1 percent along the way. The Shanghai Composite Index now rests just above the 3,210-point plateau although it's likely to stop the bleeding on Thursday.
RTTNews | 7h 7min ago
Japan Has Y130.936 Billion Trade Surplus

Japan Has Y130.936 Billion Trade Surplus

Japan posted a seasonally adjusted merchandise trade surplus of 130.936 billion yen in December, the Ministry of Finance said on Thursday.
RTTNews | 7h 25min ago
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