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General Suzuki Chat => Latest Suzuki News => Topic started by: SCSG News on August 06, 2019, 07:35:49 AM

Title: Suzuki posts 46% drop in first-quarter profit on slowing India demand
Post by: SCSG News on August 06, 2019, 07:35:49 AM
Suzuki posts 46% drop in first-quarter profit on slowing India demand

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                     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.
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Source: Suzuki posts 46% drop in first-quarter profit on slowing India demand (https://www.autoblog.com/2019/08/05/suzuki-profit-drops-slowing-india-demand/)