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Hitachi Q4 Net Profit Quadruples, Gives No Outlook

Hitachi Ltd said its fourth-quarter net profit quadrupled on cost cuts and booming demand for chip and construction equipment, but it gave no forecast for the new business year, citing uncertainties after Japan's massive March 11 earthquake and tsunami.

May 13, 2011

Tokyo - Hitachi Ltd said its fourth-quarter net profit quadrupled on cost cuts and booming demand for chip and construction equipment, but it gave no forecast for the new business year, citing uncertainties after Japan's massive March 11 earthquake and tsunami.

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