Mazda says aims to post $2.3 bln operating profit by 2015/16

Newswire

TOKYO, April 25 (Reuters) - Mazda Motor Corp raised its mid-term profit target on Friday and said it aims to post 230 billion yen ($2.3 billion) in annual operating profit by the financial year ending in March 2016 after it hit its earlier target two years in advance. Japan's fifth biggest automaker by sales volume posted record 182.1 billion yen in operating profit for the financial year that ended in March, surpassing the previous mid-term profit goal of 150 billion yen, ...

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