Mitsubishi Motors posts 38% jump in third quarter operating profit, beats view

Mitsubishi Motors Corp reported on February 1 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.