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Japan's Suzuki sees April-December net profit rise 19%

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.
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