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Japanese car manufacturer Mitsubishi Motors, in the financial half-year to September 30, increased its net profit by 7.2% in annual terms to 51 billion 900 million yen, finversia.ru writes, citing company reporting. Per share, net income increased to 34.8 yen from 32.47 yen. Half-year revenues amounted to 1 trillion 170 billion yen, an increase of 23.5% over the year. Sales during the earnings period increased by 19.3% to 594 thousand cars. The company expects that, following the results of the entire fiscal year, its net profit will be 110 billion yen, with revenue of 2 trillion 400 billion yen.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
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