Mazda Reports Quarterly Slump As 2020 Recovery Sets In
TOKYO — Mazda on Thursday posted a 7.59 billion yen ($73.4 million) operating loss in the three months ended Sept 30 as sales contracted amid the coronavirus pandemic.
The loss, calculated by Reuters from the company's half-year result, compares with an 18.9 billion profit in the same quarter last year and a 45.3 billion yen loss in the first three months of the business year, which was its worst in quarter in 11 years.
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