Mitsubishi Electric sales up 19%

JAPAN: Mitsubishi Electric’s air conditioning and residence goods section documented product sales of JPY1,361.1bn ($10bn) in the 12 months to March 31, a 19% raise on the prior year.

Running profit was up a little bit at JPY70.8bn ($522m).

The increased revenue was attributed to the weaker yen and an enhance in air conditioner income in Europe, Japan and North The usa.

The enterprise also claimed an easing of the lack of electronic components in and just after the 2nd quarter.

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