Mitsubishi Electric Result 01/02/2016

By Dhruv Dayal Gupta
mitsubishi electric
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mitsubishi electricMitsubishi Electric reported Q3 net profit of nearly 60 billion Yen ($495 million), up 25% YoY. Turnover was 1,028.3 billion Yen ($8.5 billion), up 2% YoY. For the nine month period, net profit was 152.8 billion Yen ($1.26 billion), up 5% YoY. Turnover for the same period was 3,091.6 billion Yen ($25.6 billion), up 4% YoY. Home appliances segment was among the many that buoyed Mitsubishi Electric’s results this quarter.