Mitsubishi Motors Corp. surged back into the black with a consolidated net profit of 6.64 billion yen during the April-September period thanks to reduced costs, a weaker yen and brisk overseas sales, company officials said Tuesday.
The carmaker reported a consolidated net loss of 31.5 billion yen over the same period in 2001.
For the first half of the 2002 business year, the consolidated operating profit soared to 23.48 billion yen from a loss of 13.06 billion yen in the same period last year. The company's consolidated pretax profit rose to 18.94 billion yen from a loss of 27.38 billion yen.
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