Hitachi Construction shares jump 7% on commodities rally

Higher coal prices revive investment for mining gear in Indonesia and Russia

20211027N Hitachi dump truck and excavator

An excavator and dump truck at work at a mine: Hitachi Construction Machinery upgraded its forecast for full-year net profit thanks to a rebound in infrastructure projects and rising commodity prices. (Photo courtesy of Hitachi Construction Machinery)

NAOYUKI TOYAMA, Nikkei staff writer

TOKYO -- Hitachi Construction Machinery shares climbed 7% on Wednesday after the company released first-half earnings that beat market expectations and included an upgraded profit forecast.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.