Company Financials

Suzuki reports record Q1 revenues despite softer marine sales

> , by Craig Ritchie2023-08-04T13:34:00

Suzuki Panama City opening

Marine revenues of ¥33.4bn fall just behind Q1 2022 while matching operating profit of ¥9.2bn

Suzuki released its 2023 first quarter financial results on Friday reporting higher consolidated revenues driven by strong demand in its automotive and motorcycle segments, as a flattening global boat market contributed to softer marine revenues.

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