• Staff report


Hitachi Ltd. said Friday its operating profit for the October to December quarter rose 14 percent to 39.14 billion yen, as strong plant and equipment, and social infrastructure investments by customers domestically and overseas boosted its industrial business.

For the quarter, revenue was up 6 percent to 2.26 trillion yen, but net profit fell by 80 percent to 5.5 billion yen due to the absence of one-time gains booked a year earlier from the sale of a subsidiary.

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