Home > Mitsubishi Had Strong Sales Last Year

Mitsubishi Had Strong Sales Last Year


TOKYO -- Mitsubishi Motors Corp. reported a 14 percent increase in operating profit in the latest fiscal year as rising sales and cost controls offset foreign currency exchange losses. Mitsubishi’s operating profit climbed to 111.82 billion yen ($1.01 billion) in the full fiscal year ended March 31, the Japanese automaker said Thursday in its annual earnings report. Net income grew 24 percent, to 132.87 billion yen ($1.20 billion) in the 12 months. Revenue increased 15 percent to 2.51 trillion yen ($22.65 billion), as worldwide retail sales increased 13 percent to 1.24 million units, gaining ground in all major markets.

Added on the 09/05/2019 07:52:36 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Nissan Has Major Profit Bump

    YOKOHAMA, Japan – Nissan reported a 25 percent surge in profit in the latest quarter on a richer sales mix despite a one-time charge to cover the contentious deferred compensation ousted Chairman Carlos Ghosn is accused of not properly reporting. Global operating profit advanced to 103.3 billion yen ($937.0 million) in the fiscal third quarter ended Dec. 31, Chief Financial Officer Hiroshi Karube said on Tuesday while announcing the company's latest financial results.

    12/02/2019 - Wochit
  • Why Are PS4 And Xbox One Sales Still Strong?

    Comicbook.com reports the PlayStation 4 and Xbox One are still selling steady 5 years in, but their upcoming consoles might. Xbox and PS5's arrival may take over in terms of numbers, at least in the U.S. Analysts believe sales are still strong in America vs. Japan because of well-placed discounts, cheap pricing, bundles and quality of games. You’re getting some pretty good games thrown in, on the Switch in particular -- Mario Kart was thrown in for free, which is a pretty big deal. Michael Pachter, analyst PlayStation 4 has about 100 million units sold, while Xbox One has about 40 to 50 million.

    15/01/2019 - Wochit
  • Walmart Has Strong Quarter Behind Online Sales

    Jim Anderson/AP Photos WMT Walmart 87.00 0.92 (+1.10 %) Disclaimer Get real-time WMT charts here " Walmart on Thursday reported first-quarter earnings and sales that topped analysts' expectations, boosted by strong online sales. America's largest brick-and-mortar retailer said e-commerce sales surged by 33% compared with the same period last year. Adjusted earnings came in at $1.14 a share, beating analysts' forecast for $1.12, according to Bloomberg.

    17/05/2018 - Wochit
  • U.S. Holiday Shopping Season Finishes Strong

    On Tuesday, industry research groups said that a jump in consumer spending in the final stretch of December offset a slow start to the U.S. holiday shopping season and likely helped many retailers beat sales forecasts and predictions. The December boost is in contrast to a slow November, when early holiday promotions and expectations for consumers that deals would always be available did not meet standards. According to an analyst at retail consultancy AlixPartners this week, "The holiday shopping season started hot with Cyber Monday, the was followed by a lull for most of December and then a big-bang finish."

    28/12/2016 - Wochit
  • Permits Show Market Strong, Even As Homebuilding Down

    On Friday a report released by the Commerce Department showed permits for the future construction of single-family homes had risen to a nine-year high in November. This spike in the biggest segment of the market suggests that housing remains on solid ground, even as homebuilding fell more than expected during the same month, tumbling from a nine-year high as construction activity declined. The slow-down in building is just the latest sign of slower economic growth in the fourth quarter of 2016, as groundbreaking on new projects dropped 18.7 percent to an annual rate of 1.09 million units, with last month's percentage decline the largest in nearly two years.

    16/12/2016 - Wochit
  • Ulta Beauty's Black Friday Deals Start Today

    According to Refinery 29, Ulta Beauty;s Black Friday deals start today. The beauty brand has announced the details of this year's offerings and they are sure to excite beauty fans everywhere,. Ulta Beauty's Black Friday sales started in stores today at 6pm.. Some of the brands featured in the sale include IT Cosmetics, Anastasia Beverly Hills, and Proactiv. In typical Black Friday fashion, Ulta is also giving away items to shoppers who spend a certain amount online. Online shoppers who spend $60 or more will receive a laser-cut makeup bag in either gold or silver and filled with nine Ulta Beauty products.

    22/11/2018 - Wochit

More videosBusiness

Watch video of Shares Of Blue Apron Dipped To An All-time Low. The Meal-kit Subscription Dropped To $1.81 Per Share On Tuesday. The Company Has Faced Increasing Pressures From Competition, Like HelloFresh. Big Companies Like Walmart And Amazon Entering Its Space. In March, Walmart Announced It Was Launching Its Own Line Of Meal Kits. The Company Has Struggled To Attract New Customers And Retain Old Ones Since Going Public Last June. - Blue Apron Shares Drop To A New Low - Label : Wochit -

Blue Apron Shares Drop To A New Low

03/04/2018 21:21:24