Mazda oper profit jumps 49 pct, more growth seen

Newswire

TOKYO, April 28 (Reuters) - Mazda Motor Corp. posted a 49 percent surge in annual operating profit on Friday lifted by a softer yen and cost cuts, and projected more growth for this year fuelled by new models such as the CX-7 crossover. For the year ended March 31, operating profit at the Hiroshima-based company came to 123.44 billion yen ($1.08 billion), outpacing a consensus estimate by analysts surveyed by Reuters Estimates of 118.5 billion yen. Net profit jumped 46 percent to 66.71 ...

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