Hitachi (HIT): FQ2 net profit -33% to ¥48B ($614M), operating profit -9% to ¥118.2B, revenue +3%...

|About: Hitachi Ltd. ADR (HTHIY)|By:, SA News Editor
Hitachi (HIT): FQ2 net profit -33% to ¥48B ($614M), operating profit -9% to ¥118.2B, revenue +3% to ¥2.42T. Strong yen and poor performances at its power plant, IT and electronic-device operations hurt earnings. Hitachi reiterates FY forecasts: net profit -16% to ¥200B, operating profit -10% to ¥400B, revenue +2% to ¥9.5T.