Kobelco sees +19% revenue rise

Kobelco’s sales of construction equipment were up +19% in the fiscal year ending 31 March to JPY 375 billion (US$ 3.67 billion). Combined operating profits for the Kobelco Construction Machinery and Kobelco Cranes divisions almost quadrupled from the previous year to JPY 18.3 billion (US$ 179 million).

The vast majority…