Mitsubishi profit falls 42 pct on yen, earthquake

Newswire

* Net income up 228 percent in FY * Vehicle sales up 15 percent in FY ended Mar. 31 * No forecast yet for 2011 due to uncertainties DETROIT, April 27 (Reuters) - Mitsubishi Motors Corp on Wednesday reported a 42 percent drop in profit for the quarter that ended on March 31, pressured by the strong Japanese yen and production halts after the Japanese earthquake. The Japanese vehicle maker did not give a forecast for this year's production or sales, citing uncertainty surrounding its ...

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