Mitsubishi Heavy Industries Achieves Large YoY Growth in Order Intake, Revenue, and Profit in Strong Third Quarter, Raises FY2023 Order Intake and Revenue Guidance
- Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.
- - Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.
- Profit attributable to owners of parent (net income) was JPY138.0 billion, an increase of 107.8% year-over-year, with a profit margin of 4.2%.
- In Energy Systems, strong demand in Gas Turbine Combined Cycle (GTCC) as well as Nuclear Power served to increase order intake.
- "Performance during the first three quarters of FY2023 was strong, with large year-over-year growth in order intake, revenue, and profit," Hisato Kozawa, MHI Chief Financial Officer commented.