Subscribe free to our newsletters via your
. Military Space News .




CAR TECH
Japan's Suzuki sees April-December net profit rise 19%
by Staff Writers
Tokyo (AFP) Feb 7, 2013


Japan's Suzuki Motor said Thursday its net profit in the nine months to December jumped 19.2 percent to $517.8 million, thanks to strong Asian and domestic sales that offset a slump in Europe.

The small-car maker earned 48.42 billion yen ($517.8 million), while operating profit rose 5.9 percent to 92.87 billion yen on sales of 1.82 trillion yen, up 1.4 percent from a year earlier.

The firm also said it expected to earn a net profit of 70 billion yen in the year to March on estimated revenue of 2.6 trillion yen.

On Wednesday, Suzuki said it will resume production at its small unit in Myanmar, the latest in a push by Japanese firms to tap the once-isolated state as it embarks on a programme of social and economic reforms.

The firm withdrew from its money-losing US business late last year and has said it plans to renew its focus on fast-growing markets in Asia, including India, where it has seen huge success with its Maruti Suzuki unit.

Japan's automakers have been posting strong results in the latest earnings season, underscoring a recovery from the quake-tsunami disaster in 2011 and the surging value of the yen, which has sharply declined recent months.

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CAR TECH
Japan's Mazda swings back to profit
Tokyo (AFP) Feb 6, 2013
Japanese car giant Mazda on Wednesday said it swung back to a profit in the nine months to December as it boosted its full-year earnings forecast. Japan's fifth-biggest automaker logged a net profit of 25.6 billion yen ($273 million) for the April-December period, reversing its net loss of 112.8 billion yen a year earlier. Sales rose 8.5 percent to 1.54 trillion yen, it said. It credited ... read more


CAR TECH
Boeing-led Missile Defense Team Completes GMD Flight Test

NGC Fire Control Play Key Role in Missile Defense Test

Missile defense EEKV shows value

First Patriot missiles 'operational' on Turkey-Syria border

CAR TECH
Israel deploys 3rd missile system to north: reports

Lockheed Martin Receives US Army Contract for Guided MLRS Rocket Production

India wheels out new long-range missile in annual parade

Raytheon awarded contract for HARM upgrade

CAR TECH
Iran TV airs video of captured US drone

Elbit Systems Introduces its Hermes 900 UAS in a New Configuration Adapted for the Maritime Mission

US needs to keep up drone war against Qaeda: Panetta

Northrop Grumman's Next-Gen Fire Scout to Beef Up Avionics Protection

CAR TECH
TACLANE-1G Encryptor Certified by NSA

Boeing Completes FAB-T Software Qualification Testing For AEHF and Milstar Birds

Smartphone to hold integrated warrior gear

Raytheon offers Global Aircrew Strategic Network Terminal Soultion

CAR TECH
Commander sees women in elite US special forces

Canada receives upgraded LAV III

Marines Get Improved Precision Extended Range Munitions

Raytheon, US Navy demonstrate new dual targeting capability for JSOW C-1

CAR TECH
Global firms eye lucrative contracts at India air show

Israel seeks major arms deals with India

Rheinmetall, Cassidian gain orders

Shoigu: Russia seeks army 'modernization'

CAR TECH
Japan PM says China dialogue window must stay open

Two Russian fighters breach Japanese airspace

White House demands quick Senate action on Hagel

US spy chief warns cuts will hurt morale

CAR TECH
A new genre of 'intelligent' micro- and nanomotors

Flat boron by the numbers

Notre Dame studies benefits and threats of nanotechnology research

A nano-gear in a nano-motor inside




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement