Suzuki net profit jumps 30.6% in April-June quarter August 2, 2012 - 19:27 AMT PanARMENIAN.Net - Japan's Suzuki Motor said Thursday, August 2 its net profit rose 30.6 percent to 24.5 billion yen ($312 million) for the three months to June as brisk domestic sales offset the impact of a strong yen, AFP reported. Sales rose 6.2 percent from a year earlier to 644.8 billion yen and operating profit jumped 39.4 percent to 35.6 billion yen for the April-June quarter, said the motorcycle and small car specialist. "The group was able to increase the operating income by covering the factors of income decrease such as decrease of overseas sales and the impact of the exchange rate with the factors of income increase such as increase of Japanese domestic automobile sales and cost reduction," it said. It left unchanged its full year forecast, projecting 70 billion yen in net profit and 120 billion yen in operation profit on sales of 2.6 trillion yen for the fiscal year to March 2013.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Erdogan wants “realistic road map” for relations with Armenia  Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |
