November 6, 2018 / 8:05 AM / in 4 months

Mitsubishi Motors Q2 profit rises 22 pct, beats estimates

TOKYO, Nov 6 (Reuters) - Mitsubishi Motors Corp on Tuesday posted a 22 percent rise in second-quarter operating profit, beating estimates, as strong sales growth helped to further drive the automaker’s recovery from a domestic mileage cheating scandal in 2016.

Operating profit at Japan’s sixth-largest carmaker was 28.8 billion yen ($254 million) in July-September from 23.6 billion yen a year earlier. The result compared with the 25.95 billion yen average of eight analyst estimates compiled by Refinitiv. ($1 = 113.3900 yen) (Reporting by Naomi Tajitsu; Editing by Christopher Cushing)

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