💨 Abstract

Mitsubishi Heavy Industries (MHI) expects robust demand for gas turbines, despite potential advancements in AI, according to its CFO Hisato Kozawa. MHI's strong earnings and profit forecast are largely due to gas turbine sales for power plants. The company's shares have doubled over the past year, also driven by orders for jets, naval ships, and missiles. However, MHI's shares slightly fell on Tuesday.

Courtesy: theprint.in

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