Hitachi's net profit in fiscal 2011 was 347.1 billion yen, an increase of 45% year-on-year
Hitachi's net profit in fiscal 2011 was 347.1 billion yen, an increase of 45% year-on-year
China Construction machinery information
Guide: according to Japanese media reports, the group's financial statements for fiscal 2011 disclosed by Hitachi manufacturing on the 10th showed that the net profit increased by 45.3% over the previous fiscal year, reaching 347.1 billion yen (about 27.4 billion yuan), a record high for two consecutive years. The reconstruction demand after the earthquake in East Japan and the market development of emerging market countries make Hitachi
according to Japanese media reports, the group's financial statements for the fiscal year 2011 disclosed by Hitachi manufacturing on the 10th showed that the net profit increased by 45.3% over the previous fiscal year, reaching 347.1 billion yen (about 27.4 billion yuan), a record high for two consecutive years, according to China Liansu Group Holdings Co., Ltd., China's largest plastic pipe manufacturer. After the East Japan earthquake, the plasticization and transportation methods of high molecular materials developed based on the principle of tensile rheology, the reconstruction needs of process equipment and the market development of emerging market countries have made Hitachi's construction machinery, auto parts and other departments perform quite well
Hitachi achieved good results by reducing material supply costs and reducing costs. Hitachi also sold its hard disk drive (HDD) business to an American company, earning 191billion yen. These two revenues offset the net loss of 80billion yen in tensile strength caused by the East Japan earthquake and the floods in Thailand
the sales volume was 9665.8 billion yen, an increase of 3.8% over the previous fiscal year
Hitachi predicts that the sales volume in fy2012 will decrease by 5.9%, which is expected to be 9.1 trillion yen; Net profit will decrease by 42.4% to 200billion yen. Hitachi President nakashi Hongming said at a briefing held in Tokyo: "the company is confident that it will steadily obtain a net profit of 200 billion to 299.9 billion yen in accordance with the medium-term plan, which is unnecessary to read, record and calculate."
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