UPDATE 2-Mazda profit jumps 77 pct on cost cuts

Newswire

(Adds analyst and company comment, net profit and unit sales) By Chang-Ran Kim TOKYO, April 25 (Reuters) - Mazda Motor Corp said on Friday hefty cost cuts and robust sales in Europe helped annual operating profit soar 77 percent, and projected its highest income in a decade for the current business year. Mazda, the smallest of Japan's top five automakers, reported preliminary group operating profit for the year ended March 31 of 50.6 billion yen ($422.4 million), which compares with ...

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