February 1, 2019 / 8:06 AM / 16 days ago

Mitsubishi Motors posts 38 pct jump in Q3 operating profit, beats view

TOKYO, Feb 1 (Reuters) - Mitsubishi Motors Corp reported on Friday a 38 percent jump in third-quarter operating profit as the automaker’s global vehicle sales rose, particularly in southeast Asia, its main market.

Japan’s sixth-biggest automaker posted a 28.1 billion yen ($257.96 million) operating profit for October-December, up from 20.4 billion yen a year ago and exceeding the average 25 billion forecast in a survey of eight analysts, according to Refinitiv data.

Mitsubishi Motors kept intact its forecast for full-year operating profit of 110 billion yen. ($1 = 108.9300 yen) (Reporting by Naomi Tajitsu; Editing by Muralikumar Anantharaman)

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