Mitsubishi Heavy Industries Ltd

7011: XTKS (JPN)
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Mitsubishi Heavy Industries Earnings: GTCC Heat Fuels on Overheated Valuation

Mitsubishi Heavy Industries, or MHI, reported 15% year-over-year sales growth to JPY 1.19 trillion and business profit of JPY 159.6 billion in the June quarter. It raised order guidance to JPY 7 trillion while retaining sales and business profit guidance. Shares trade 5% above the pre-result level.

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