Mitsubishi Electric Corporation reports 1% increase in revenue for H1FY20

  • Oct 31, 2019 GMT
  • Team Kalkine
  • Mitsubishi Electric Corporation (MEL) has released its consolidated financial results for the first half and second quarter, ended September 30, 2019.
  • Company’s revenue for the reported half-year stood at 2,182.5 billion yen, up by 1 per cent from the same period last year.
  • The operating profit of the company for the half-year stood at 114.2 billion yen, lower by 9 per cent as compared to the same period last year.
  • For the second quarter, the company reported revenue of 1,131.7 billion yen as compared to 1,119.1 billion yen for Q2FY19.

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