Mitsubishi Electric’s net income down 14% y/y to USD1.4 billion in April-December 2018

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Financial results

Company revises full year forecast downwards

Mitsubishi Electric’s net income declined 14% year-over-year (y/y) to JPY158.8 billion (USD1.4 billion) in the first nine months ended 31 December 2018, the Japanese supplier said in a press release on 4 February.

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