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Suzuki Motor Reports Strong Financial Growth for First Nine Months of FY2024

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

Suzuki Motor Corporation announced the completion of a quarterly review of its consolidated financial statements for the first nine months of fiscal year 2024, conducted by an independent auditor. The review was related to a secondary offering of the company’s common stock. The financial results showed significant growth, with a 11.7% increase in revenue and a 29.2% rise in operating profit compared to the previous year, reflecting strong operational performance and market positioning.

More about Suzuki Motor

Suzuki Motor Corporation is a prominent player in the automotive industry, primarily involved in the manufacturing and sale of automobiles, motorcycles, and outboard motors. The company is listed on the Tokyo Stock Exchange and is known for its focus on compact vehicles and motorcycles, catering to a global market.

YTD Price Performance: 7.20%

Average Trading Volume: 10,775

Technical Sentiment Signal: Sell

Current Market Cap: $22.8B

For a thorough assessment of 7269 stock, go to TipRanks’ Stock Analysis page.

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