Mitsubishi Motors' annual profit tumbles, refrains from issuing forecast
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TOKYO (Reuters) - Mitsubishi Motors Corp posted on Tuesday an 89% drop in annual operating profit for its weakest performance in three years and skipped the year-end dividend, as the coronavirus outbreak added to the Japanese automaker's profitability woes. Profit came in at 12.8 billion yen (97.63 million pounds) for the year ended in March, down sharply from 111.8 billion yen a year ago. Still, it exceeded a consensus estimate of 9.4 billion yen profit drawn from 15 analysts polled by..