Suzuki Motor operating profit up, cautious ahead

Newswire

TOKYO, April 28 (Reuters) - Japanese compact car maker Suzuki Motor Corp. reported a slower-than-expected 5.9 percent rise in annual operating profit on Friday, though sales were healthy worldwide, and projected no change in net earnings for the current business year. For the year ended March 31, operating profit came to 113.87 billion yen ($996.3 million), short of a consensus estimate of 116.3 billion yen by analysts surveyed by Reuters Estimates. Net profit rose 9.0 percent to 65.95 ...

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