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Author Topic: Suzuki posts 46% drop in first-quarter profit on slowing India demand  (Read 253 times)

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Offline SCSG News

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

 



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