Mitsubishi Electric Reports Higher Fiscal H1 Profit and Revenue

Mitsubishi Electric reported higher revenue and attributable profit for the first half of its fiscal year. Building Systems adjusted operating profit rose to ¥18.8 billion from ¥14.2 billion a year earlier, while Automotive Equipment adjusted operating profit increased to ¥21.7 billion from ¥11.8 billion. The report did not provide overall revenue or profit figures or mention a stock-price reaction.