Tag Archives: Mitsubishi’s quarterly profit

Mitsubishi’s quarterly profit gains paced by Europe

Europe was Mitsubishi Motors Corp.’s most profitable region in the fiscal first quarter ended June 30, the company said today.

Europe’s operating profit of 12.6 billion yen ($124.3 million) nearly tripled from the year-earlier period, as revenues soared 73 percent to $1.45 billion. Unit sales there rose 11 percent, led by the launch of the Outlander plug-in hybrid.