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Subaru posts 15.7% rise in fill-year operating profit

AMB News Reporter

News Reporter
Filed under: Earnings/Financials,Subaru

Subaru Corp on Monday posted a 15.7% rise in annual operating profit in the year that ended in March as it recovered from a raft of product recalls last year, but warned that sales of its cars would take a hit from the coronavirus outbreak. Profit rose to 210.3 billion yen ($1.96 billion) for the year just ended, from 181.7 billion yen a year earlier under international financial reporting standards. "We saw a limited impact of the coronavirus on our results for the year just ended,"
Continue reading Subaru posts 15.7% rise in fill-year operating profit

Subaru posts 15.7% rise in fill-year operating profit
originally appeared on Autoblog on Mon, 18 May 2020 09:03:00 EDT. Please see our terms for use of feeds.

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