Mazda likely to post huge jump in Q1 operating profit -Nikkei

Newswire

TOKYO, July 29 (Reuters) - Mazda Motor Corp is likely to see its April-June operating profit rise 20 times from a year ago to around 35 billion yen ($357 million), helped by a weakening in the yen and strong sales of new models, the Nikkei business daily reported on Monday. Mazda, which in the first six months of 2013 produced more than three-quarters of its vehicles in Japan and exported more than 80 percent of them, is the most reliant of Japan automakers on exports. ...

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