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Mitsubishi Heavy Industries Reports Robust Growth in FY2024

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Mitsubishi Heavy Industries Reports Robust Growth in FY2024

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Mitsubishi Heavy Industries ( (JP:7011) ) has shared an announcement.

Mitsubishi Heavy Industries reported significant financial growth in the first nine months of FY2024, with a 10.5% increase in order intake and an 8.8% rise in revenue compared to the previous year. Profits from business activities surged by 38.2%, and the company executed a ten-for-one stock split, reflecting strong performance and strategic financial management.

More about Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. operates in the industrial sector, focusing on manufacturing heavy machinery, aerospace, defense, and energy systems. The company is headquartered in Tokyo, Japan, and serves a global market.

YTD Price Performance: 5.77%

Average Trading Volume: 9,634

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $49.58B

For detailed information about 7011 stock, go to TipRanks’ Stock Analysis page.

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