Mitsubishi Heavy Industries Releases FY2014 3rd Quarter Financial Results

Maritime Activity Reports, Inc.

February 4, 2015

Mitsubishi Heavy Industries released its consolidated financial results for the first nine months of fiscal year 2014 today. The company posted a 47.9% increase in ordinary income over the same period for FY 2013, as well as a 29.9% increase in operating income. Net income, however, fell nine percent from $664.8 million to $604 million.

The company's Energy & Environment segment increased sales from $7.04 billion to $8.73 billion. The Machinery, Equipment & Infrastructure segment experienced similar growth, jumping from $6.61 billion to $7.84 billion. Net sales across all segments improved 18.6% from FY 2013. 

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