Mitsubishi Corp took a 66.8 billion yen ($438.61 million) impairment charge on its domestic Offshore Wind Projects for the nine months ending December. The company is reevaluating its Offshore Wind Projects in Japan due to a "significantly changed" business environment and rising global costs. Despite this setback, Mitsubishi posted a 19% increase in net profit, reaching 827.
Premium Content Access
This content is available exclusively to our paid subscribers. Please login to enjoy full access. If you’re interested in subscribing to access our premium content, please contact us at support@omnicoreplus.com.
