Mitsubishi Motors Slashes Operating Profit Forecast by 30%

Reported about 9 hours ago

Mitsubishi Motors has revised its operating profit forecast for the current fiscal year down by 30% to 70 billion yen ($475.12 million), attributing the decrease to the adverse effects of U.S. tariffs, lower anticipated sales, and increased selling expenses. As a result, the company's shares have fallen by 2%.

Source: YAHOO

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