Mitsubishi Electric Posts Higher Fiscal H1; Revenue Up

MT Newswires Live10-30 16:04

Mitsubishi Electric (TYO:6503) posted 297 billion yen in net profit attributable to stockholders for the fiscal first half, compared with 189.4 billion yen a year ago.

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

For the six months ended Sept. 30, revenue was 3.125 trillion yen versus 2.733 trillion yen previously, the Japanese electronics and electrical equipment maker said.

Mitsubishi Electric declared an interim dividend of 30 yen per share, payable from Dec. 2, and plans to pay a year-end dividend of 30 yen per share, which is unchanged from the year-ago period.

For the fiscal year ending March 31, 2027, the company expects attributable profit of 465 billion yen, EPS of 227.20 yen, and revenue of 6.55 trillion yen.

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