Independent journal on economy and transport policy
16:15 GMT+2
Mitsubishi Heavy returns to profitability
(The Japan Times Online)
November 15, 2000
Mitsubishi Heavy Industries Ltd. said Tuesday its group pretax profit rose to 10.91 billion yen in the first half of fiscal 2000, after recording a loss of 38.71 billion yen in the same period a year earlier.
Japan's largest heavy-machinery manufacturer attributed the profit to improved performance in the sectors of midsize manufactured products, such as air conditioning equipment, forklifts and machine tools.
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