Mitsubishi Reports 2.2% Rise In April-December Net Profit

Mitsubishi Corp

reported a 2.2% rise in its net profit for the nine months ended December. Mitsubishi posted a group net profit at Y370.19 billion, up from Y362.15 billion, in the year-ago period. Its revenue rose 5.5% to Y15.170 trillion versus Y14.384 trillion. Mitsubishi's operating profit dropped 14% to Y232.95 billion. Mitsubishi shares closed at $45.20 yesterday.