Mitsubishi Motors H1 Profit Soars, Boosts FY22 Outlook

RTTNews | il y a 1031
Mitsubishi Motors H1 Profit Soars, Boosts FY22 Outlook

(RTTNews) - Mitsubishi Motors Corp. (MMTOF.PK) reported Wednesday that its first-half net income attributable to owners of the parent soared to 82.74 billion Japanese yen from last year's 21.67 billion yen.

Earnings per share grew to 55.59 yen from 14.56 yen a year ago. Operating income for the quarter climbed 274.2 percent to 101.32 billion yen from last year.

Net sales for the first half increased 30.1 percent to 1.16 trillion yen from 890.57 billion yen in the same period last year.

Looking ahead for fiscal year 2022, the company now expects profit attributable to be 140 billion yen or 94.07 yen per share, on net sales of 2.53 trillion yen.

The company previously expected profit attributable to be 90 billion yen or 60.47 yen per share, and net sales of 2.35 trillion yen.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | il y a 2h 49min
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | il y a 3h 32min
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | il y a 4h 2min
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | il y a 5h 15min