Mitsubishi Electric Posts Higher Fiscal H1 Attributable Profit; Revenue Up

MT Newswires Live10-30 15:59

Mitsubishi Electric (TYO:6503) posted 297.0 billion yen in profit attributable to shareholders for the fiscal first half ended September 30, up from 189.4 billion yen a year ago.

Basic EPS was 145.12 yen, compared with 91.74 yen a year earlier, according to a Tokyo Stock Exchange filing on Friday.

For the period, revenue was 3.125 trillion yen versus 2.733 trillion yen previously, the electronics company said.

The company declared an interim dividend of 30 yen, with payments starting Dec. 2.

For the fiscal year ending March 31, 2027, the company expects an attributable profit of 465 billion yen, a basic EPS of 227.20 yen, and revenue of 6.550 trillion yen, and plans to pay a year-end dividend of 30 yen for the current year.

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