tiprankstipranks
Trending News
More News >

Mitsubishi Heavy Industries Reports Strong FY2024 Financial Performance

Story Highlights
Mitsubishi Heavy Industries Reports Strong FY2024 Financial Performance

Elevate Your Investing Strategy:

Mitsubishi Heavy Industries ( (JP:7011) ) just unveiled an announcement.

Mitsubishi Heavy Industries reported a 7.9% increase in revenue for FY2024, reaching 5,027,176 million yen, with significant growth in profit from business activities and profit before income taxes. The company executed a ten-for-one stock split and announced a forecasted revenue of 5,400,000 million yen for FY2025, indicating a continued positive outlook for its financial performance.

More about Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. operates in the heavy machinery industry, providing a wide range of products and services including aerospace, defense, energy, and industrial machinery. The company is listed on multiple stock exchanges in Japan and focuses on innovation and technology-driven solutions to enhance its market position.

Average Trading Volume: 65,831,433

Technical Sentiment Signal: Buy

Current Market Cap: Yen9384.6B

See more data about 7011 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1