Suzuki posts record earnings, sees drop this year


TOKYO, April 24 (Reuters) - Suzuki Motor Corp reported a 12 percent rise in annual operating profit on Thursday thanks to booming car sales in India, but it forecast a 6.3 percent drop for this year to factor in a sharp slide in the dollar. The Japanese maker of compact cars expects operating profit to come to 140 billion yen ($1.35 billion) in the business year ending next March, when the sector faces massive currency-related losses, a spike in raw materials costs and softening demand in ...

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