Yamaha says Q1 sales rise, profit beats target

Newswire

TOKYO, Aug 7 (Reuters) - Japanese motorcycle maker Yamaha Motor Co said on Thursday its sales rose 3.3 percent in the latest quarter, with slack demand at home offset by strong sales overseas. Group net sales for April-June came in at 257.39 billion yen ($2.14 billion). Reporting quarterly results for the first time, the company did not give year-ago comparisons for its profit figures, but said that group net profit came in at 8.72 billion yen, 24 percent ahead of its target. The world's ...

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