Mitsubishi Electric Reaffirms Its FY24 Outlook, Sees Revenue Of 5.20T Yen, And Net Profit Of 260B Yen
Portfolio Pulse from Benzinga Newsdesk
Mitsubishi Electric has reaffirmed its fiscal 2024 outlook, projecting a revenue of 5.20 trillion yen and a net profit of 260 billion yen. This represents a 4% increase in revenue and a 22% increase in net profit year-on-year.
July 31, 2023 | 7:29 am
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POSITIVE IMPACT
Mitsubishi Electric's reaffirmed FY24 outlook, indicating a 4% increase in revenue and a 22% increase in net profit year-on-year, could potentially boost investor confidence in MIELF.
The reaffirmed outlook indicates that Mitsubishi Electric is confident in its financial performance, which could potentially attract investors and positively impact MIELF's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Mitsubishi Electric's reaffirmed FY24 outlook, indicating a 4% increase in revenue and a 22% increase in net profit year-on-year, could potentially boost investor confidence in MIELY.
The reaffirmed outlook indicates that Mitsubishi Electric is confident in its financial performance, which could potentially attract investors and positively impact MIELY's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100