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News // Autos

Mitsubishi Motors To Announce Loss

25 July 2003 , 10:38392
Mitsubishi Motors Corp reported on Thursday that it forecasts a group pretax and net loss in the first half of the fiscal 2003 due to weak sales in the US.

The pretax loss is expected to reach 35 billion yen, reversing the company's earlier forecast of a 15 billion yen profit, and the net balance a loss of 80 billion yen, reversing the forecast of a 10 billion yen profit.


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