Mitsubishi (MBC.L, MSBHY.PK) has announced that its profit attributable to owners of the parent for the first half reached 618 billion yen, marking a 32.6% increase compared to the previous year. Earnings per share rose to 152.0 yen from 109.53 yen in the prior year. Despite this growth in profitability, the company's revenues for the six months ending September 30, 2024, declined by 2.2% to 9.35 trillion yen.
Looking ahead to the fiscal year ending March 31, 2025, Mitsubishi anticipates a profit attributable to owners of the parent per share of 236.75 yen, with the total profit expected to be 950 billion yen.
