(Reuters) - Hitachi Construction, a unit of Hitachi Ltd. and one
of the Japanese electronics conglomerate's few money-making
operations, also said a softer yen will likely help push up its
earnings. Its overseas sales accounted for 75 percent of overall
sales for the April-June quarter.
Hitachi Construction's upbeat results stood in contrast to an
earnings report last week from industry leader Caterpillar, whose
quarterly earnings fell more than expected due to lower truck
engine sales, weakness in North American construction markets and
higher production costs.
Read more at Reuters.com Market News
of the Japanese electronics conglomerate's few money-making
operations, also said a softer yen will likely help push up its
earnings. Its overseas sales accounted for 75 percent of overall
sales for the April-June quarter.
Hitachi Construction's upbeat results stood in contrast to an
earnings report last week from industry leader Caterpillar, whose
quarterly earnings fell more than expected due to lower truck
engine sales, weakness in North American construction markets and
higher production costs.
Read more at Reuters.com Market News
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