Mazda Q1 profit falls 17 pct on higher marketing costs

TOKYO, Aug 1 (Reuters) - Mazda Motor Corp on Wednesday posted a 17 percent drop in operating profit for the first quarter, as a rise in marketing expenses offset an increase in sales. Operating profit at Japan's fifth-largest automaker was 33.1 billion yen ($295.48 million) for the April-June period, versus 39.9 billion yen a year ago. However, this was better than an average estimate of 25.2 billion from seven analysts polled by Thomson Reuters I/B/E/S. Mazda ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? Log in here here.
We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies.