JAPAN’S SUZUKI MOTOR POSTS HIGHER Q1 PROFIT

TOKYO: Japan’s Suzuki Motor Corp on Thursday posted a 43.8% jump in its first-quarter operating profit, a sixth consecutive year-on-year rise, boosted by strong sales growth in its biggest market, India, and at home. Operating profit at Japan’s no. 4 automaker came in at ¥85.1 billion yen (RM3.3 billion) in April-June, up from ¥59.2 billion a year ago and above an average forecast for 73.96 billion from eight analysts polled by Thomson Reuters I/B/E/S. – Reuters