HAMAMATSU (dpa-AFX) - Suzuki Motor (SZKMF.PK) reported fiscal 2023 profit to
owners of parent of 267.7 billion yen, an increase of 21.1% from last year.
Earnings per share was 138.39 yen compared to 113.80 yen. Operating profit
increased 32.8% to 465.6 billion yen. The company said this was mainly owing to
improvement in sales mix/price and increase in sales volume in Japan, Europe and
India.

Fiscal 2023 net sales were 5.37 trillion yen, an increase of 15.8% from prior
year. Automobile Business generated net sales of 4.88 trillion yen, up 17.3%.

For fiscal 2024, the company forecasts revenue of 5.6 trillion yen, mainly owing
to increase in sales volume. Operating profit is projected to be 480.0 billion
yen.

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