$338 million profit reported by Suzuki Motor Corp in Q4

Suzuki Motor cooperation, the Japanese biggie in the two wheeler manufacturing field has reported a profit of $338 million in the quarter four results.

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The company which has got amazing market all over the world reportedly posted a lower-than-expected fourth-quarter operating profit. The company is hoping to better this results in next quarter because this quarter presented them many difficulties in both Indian and global market.

The report states that the company has got only a slight growth this year, citing the yen's strength and a doubling in spending as it steps up investments in India and other growth markets.

The quarter which ended on March 31 gave the company a report of loss. The company reported an operating profit of 26.85 billion yen ($338 million). On a year-on-year basis, the quarterly profit jumped 85 percent as the year-ago period was impacted by Japan's devastating earthquake.
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Last updated on 10-05-2012. Published on 10-05-2012.
Published by Bikes4Sale in category News
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