SUZUKI UP
February 1 2006.
Suzuki Motor Corp announced today that its group profit rose 6.8% in the April-December period as it sold more vehicles overseas, cost-reductions paid off and a weaker yen helped lift its bottom line.
The car and motorcycle maker, which is an affiliate of General Motors Corp., posted a group net profit of Y47.90 billion in the nine months ended Dec. 31, up from Y44.84 billion a year earlier. Group sales rose 12.3% to Y1.953 trillion from Y1.739 trillion.
For the full year ending in March, the company maintained its forecast for a group net profit of Y61.0 billion and group sales of Y2.570 trillion.
Suzuki reports its earnings based on Japanese accounting standards

Source: Nikkie Net