UPDATE 1-Suzuki 05/06 oper profit seen at Y100-110 bln-paper

Newswire

(Adds company comment, share price) TOKYO, Oct 31 (Reuters) - Japanese compact car maker Suzuki Motor Corp. will likely post a group operating profit of 100 to 110 billion yen ($864-$951 million) for the year to next March due to strong sales around the world, business daily Nihon Keizai reported on Monday. Shares in Suzuki, held one-fifth by General Motors Corp. , rose more than 2 percent by midmorning. The paper said Suzuki is expected to lift its profit outlook from its initial ...

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