RX8Club.com - Mazda's net profit soars 16-fold in first quarter

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- - Mazda's net profit soars 16-fold in first quarter (https://www.rx8club.com/general-automotive-49/mazdas-net-profit-soars-16-fold-first-quarter-95372/)

zoom44

07-28-2006 03:36 PM

Mazda's net profit soars 16-fold in first quarter

http://mazdanews.com/node/view/342

Quote:

FY2006 Consolidated 1st Quarter Highlights:
- Operating profit up 30 percent to 29.6 billion yen
- Consolidated revenue up 9 percent to 734.3 billion yen
- Ordinary profit rises 12 percent to 24 billion yen

they are down a little domestically but US and European sales are strong

Napboy

07-28-2006 03:40 PM

16-fold? what are you talking about?

zoom44

07-28-2006 03:47 PM

The Japanese affiliate of Ford Motor Co. posted a group net income of 6.61 billion yen, or $57 million, in the fiscal first quarter, up from the 419 million yen it posted a year earlier.

The profit jump was also due to sharply trimmed special losses after it booked a one-time loss of about 21 billion yen ($181 million) related to its reappraisal of fixed assets a year earlier.

snizzle

07-28-2006 06:37 PM

well, yeah.... duh :mdrmed:

moRotorMotor

07-28-2006 06:40 PM

*Cough*RX-7*Cough* :mdrmed: :fingersx:

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