Suzuki posts 46% drop in first-quarter profit on slowing India demand
 

Filed under: Earnings/Financials,Suzuki,India
Suzuki Motor Corp on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market. Japan's fourth-largest automaker posted an operating profit of 62.7 billion yen (£487 million) for the April-June quarter, down from 116.5 billion yen a year earlier and below a mean forecast of 69.09 billion from eight analysts, according to Refinitiv. Suzuki reaffirmed its forecast foContinue reading Suzuki posts 46% drop in first-quarter profit on slowing India demand
Suzuki posts 46% drop in first-quarter profit on slowing India demand originally appeared on Autoblog on Mon, 5 Aug 2019 08:43:00 EDT. Please see our terms for use of feeds.


Permalink | Email this | Comments

More...