Japan's Suzuki posts second-quarter profit jump, lifts full-year outlook
Suzuki Motor Corp reported on Thursday a 56 percent jump in operating profit for the second quarter, driven by strong sales at home and in India, its biggest market.
Operating profit at Japan`s No. 4 automaker came in at 87.8 billion yen ($770.7 million) in July-September, up from 56.3 billion yen a year ago and above an average forecast for 78.21 billion yen from 10 analysts polled by Thomson Reuters I/B/E/S.
Suzuki also raised its forecast for full-year operating profit to 300 billion yen, up from the previous forecast of 240 billion yen. It compares with an average estimate of 327.5 billion yen in a poll of 22 analysts.
($1 = 113.9200 yen)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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