Suzuki Motor’s Q1 Profits Soar, Equity Strengthens

Suzuki Motor (JP:7269) has released an update.

Suzuki Motor Corporation reported a robust first quarter for FY2024 with a 21% increase in revenue and a significant 60.8% jump in operating profit compared to the same period last year. Earnings per share also saw a sharp rise from 37.24 yen to 59.21 yen. The company’s financial position strengthened with total equity reaching 3.63 trillion yen, marking an increase in the equity ratio to 48.8% from 47.2% in the previous year.

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