Mazda Motor Corporation of Japan announced that its net loss for the fiscal year 2010-11 (April 2010-March 2011) has reached 60 billion yen (approximately US$735 million).
According to data released by the Mazda Motor Corporation, the company’s operating income for the financial year 2010-11 was 2.3257 trillion yen, an increase of 7.5% compared to 2.1639 trillion yen in the previous fiscal year. Among them, operating income for the fourth quarter (January-March 2011) was 60.8 billion yuan, a year-on-year decrease of 1.3%.
In the fiscal year of 2010-11, Mazda sold a total of 1,273,000 vehicles worldwide, compared with more than 80,000 vehicles sold in the previous fiscal year. The sales growth was mainly from the Chinese and U.S. markets, while Japan and Europe Market sales fell by 15% and 27% respectively.
In 2010-11 fiscal year, Mazda Motor Corporation's operating profit was 23.8 billion yen, an increase of 150% year-on-year, of which operating profit in the fourth quarter reached 10.6 billion yen.
According to data released by the Mazda Motor Corporation, the company’s operating income for the financial year 2010-11 was 2.3257 trillion yen, an increase of 7.5% compared to 2.1639 trillion yen in the previous fiscal year. Among them, operating income for the fourth quarter (January-March 2011) was 60.8 billion yuan, a year-on-year decrease of 1.3%.
In the fiscal year of 2010-11, Mazda sold a total of 1,273,000 vehicles worldwide, compared with more than 80,000 vehicles sold in the previous fiscal year. The sales growth was mainly from the Chinese and U.S. markets, while Japan and Europe Market sales fell by 15% and 27% respectively.
In 2010-11 fiscal year, Mazda Motor Corporation's operating profit was 23.8 billion yen, an increase of 150% year-on-year, of which operating profit in the fourth quarter reached 10.6 billion yen.
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