UPDATE 1-Mitsubishi raises Ops profit view to 90 bln yen-NIKKEI

Newswire

Jan 27 (Reuters) - Japanese engineering conglomerate Mitsubishi Heavy Industries Ltd. is seen to post annual group operating profit of about 90 billion yen, up 35 percent from a previous outlook, business daily Nikkei said. Cost-cutting, strong momentum in its plant construction business and efforts to trim losses from construction delays has boosted Mitsubishi's profitability, the paper said. Mitsubishi's machinery and steel structures segment is seen posting an operating profit of more ...

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