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Article: Mazda Reports First Quarter Financial Results for Fiscal Year 2008.(Financial report)
- Article from:
- JCN Newswires
- Article date:
- July 31, 2008
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Tokyo, July 31, 2008 - (JCN Newswire) - Mazda Motor Corporation today reported its financial results for the first quarter (April to June) of fiscal year (FY) 2008.
Mazda's first quarter global retail volume increased 11 percent year-on-year to reach 358,000 units. This is attributable to strong sales of the Mazda2 (known in Japan as the Mazda Demio), Mazda3 (Mazda Axela) and Mazda6 (Mazda Atenza). Consolidated sales revenue was 771.8 billion yen, down 5 percent year-on-year.
Excluding the impact of accounting standard changes, revenue would have improved 5 percent. Consolidated operating profit decreased 12 percent to 28.3 billion yen as a result of raw material price ...