Mitsubishi Heavy Industries Reports Strong FY2024 Half-Year Results

Mitsubishi Heavy Industries (JP:7011) has released an update.

Mitsubishi Heavy Industries reported a strong financial performance for the first half of FY2024, with a notable increase in revenue by 11.1% and a significant rise in profit from business activities by 86.7% compared to the previous year. The company’s profit attributable to owners of the parent also saw a healthy growth of 16.5%, reflecting their strategic improvements and operational efficiency. Despite negative cash flows from operating and investing activities, the overall financial outlook remains positive with a solid increase in earnings per share.

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