Japan: Mazda reports losses in Q1 FY2012

Mazda has reported losses at all levels in the first quarter of its current fiscal year (Q1 FY2012) on revenue that fell 29.4% year-on-year. The company has left forecasts outlined in mid-June 2011 unchanged, with marginal profitability at the operating and ordinary income levels expected to be restored in Q2, Subscribe to Automotive World to … Continued

• By Webmaster
• July 29, 2011