Mazda Motor Corp (7261.T)

Thu, Aug 1 2019

UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales

* Strong yen vs euro, Australia dollar also hurts profit (Adds results details)

Mazda posts 79% drop in Q1 operating profit on weak U.S., China sales

TOKYO, Aug 1 Mazda Motor Corp posted a 79% drop in first-quarter operating profit on Thursday as it continues to struggle with falling sales in the United States and China, while a strengthening yen also cut into its bottom line.

Mazda set to post 70% drop in Q1 operating profit - Nikkei

TOKYO, July 31 Mazda Motor Corp saw a drop of around 70% in its first-quarter operating profit, as the Japanese automaker continues to struggle in the United States, its biggest market, the Nikkei business daily reported on Wednesday.

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