Mazda posts Y20 bln Q1 op profit, keeps forecasts


TOKYO, July 30 (Reuters) - Mazda Motor Corp. , Japan's fifth-largest auto maker, booked an operating profit of 19.99 billion yen ($178 million) for the first quarter on Friday, putting it well on track to meet its conservative full-year forecast. Mazda, one-third owned by Ford Motor Co. , reported quarterly profits for the first time, and gave no comparisons from the year before. The operating profit in April-June, typically a slow season for auto makers, represented 29 percent of its ...

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