MMC seen posting first op profit in 3 yrs -reports


TOKYO, April 27 (Reuters) - Mitsubishi Motors Corp. will likely report its first full-year operating profit in three years in 2005/06 thanks to strong sales of its new vehicles and a weaker yen, local newspapers reported on Thursday. The Nihon Keizai business daily said the auto maker was expected to post a group operating profit of about 6 billion yen ($52 million) for the year ended March, against a loss of 128.5 billion yen a year earlier. That compares with a mean loss projection of ...

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