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home / news releases / MIELY - Mitsubishi Electric reports FQ1 results; reaffirms FY24 guidance

MIELY - Mitsubishi Electric reports FQ1 results; reaffirms FY24 guidance

Mitsubishi Electric Corp. ADR

2023-07-31 02:48:18 ET

  • Mitsubishi Electric press release ( OTCPK:MIELY ): FQ1 net profit of ¥57.8B (73% increase year-on-year).
  • Revenue of ¥1220.3B (14% increase year-on-year).
  • The consolidated earnings forecast for fiscal 2024, ending March 31, 2024, is unchanged from the previous announcement on April 28, 2023 as stated below: Revenue of ¥5,200.0B (4% increase year-on-year); Operating profit of ¥330.0B (26% increase year-on-year); Net profit attributable to Mitsubishi Electric Corp. stockholders of ¥260.0B (22% increase year-on-year).

For further details see:

Mitsubishi Electric reports FQ1 results; reaffirms FY24 guidance
Stock Information
Company Name: Mitsubishi Electric Corp. ADR
Stock Symbol: MIELY
Market: OTC
Website: mitsubishielectric.com
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