Mitsubishi Motors posts 38 percent jump in third quarter operating profit, beats view

TOKYO (Reuters) - Mitsubishi Motors Corp reported on Friday a 38 percent jump in third-quarter operating profit as the automaker's global vehicle sales rose, particularly in southeast Asia, its main market.
Japan's sixth-biggest automaker posted a 28.1 billion yen ($257.96 million) operating profit for October-December, up from 20.4 billion yen a year ago and exceeding the average 25 billion forecast in a survey of eight analysts, according to Refinitiv data.
Mitsubishi Motors kept intact its forecast for full-year operating profit of 110 billion yen.
($1 = 108.9300 yen)
(Reporting by Naomi Tajitsu; Editing by Muralikumar Anantharaman)
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 01 2019 | 1:41 PM IST
