25-05-2016 08:27 via news.yahoo.com

Mitsubishi Motors restates earnings due to special loss from mileage scandal

Mitsubishi Motors Corp on Wednesday restated its financial results for the past business year to reflect a special loss of 19.1 billion yen ($173.73 million) related to its manipulation of fuel economy data. Japan's sixth-largest automaker said net profit fell 39 percent to 72.6 billion yen in the year that ended in March. It had previously reported a net profit of 89 billion yen at the end of April.
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