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Mazda Motor Posts Narrower Q1 Loss

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Mazda Motor (OTC: MZDAY) posted a narrower first-quarter net loss.

Mazda Motor posted a quarterly net loss of Y6.46 billion, versus a year-ago loss of Y25.54 billion. In the previous fiscal year ended March, it posted a net loss of Y107.7 billion, versus a year-ago net loss of Y60.04 billion.

Its quarterly sales surged 24.1% to Y506.62 billion versus Y408.13 billion. It posted an operating profit of Y1.80 billion, versus a year-ago loss of Y23.09 billion.

Posted-In: net lossEarnings News

 

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