Komatsu 4Q Sales Increase 27 Percent

April 27, 2011

Komatsu posted at least a three-fold jump in 4Q profit thanks to Asia’s booming economies.

Net income climbed to 50.1 billion yen ($612 million) in the three months ended March 31 from 15.2 billion yen a year earlier, the Tokyo-based company said today in a statement. Sales for the quarter rose 27 percent on-year to 541.1 billion yen.

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Source: Bloomberg