Truck maker Isuzu Motors is likely to beat its full-year operating profit target thanks to restructuring and a recovery in domestic truck demand, Reuters said, citing the Nihon Keizai newspaper on Wednesday.
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According to the report, the paper said Isuzu had forecast that parent-only operating profit would grow by 200% year on year to 40 billion yen ($US343.4 million) for the 12 months to March, but that figure is now expected to be larger, though the paper gave no new figure for projected full-year profit.
According to Reuters, the paper said Isuzu, 12% owned by General Motors, is set to post a parent-only operating profit of around 25 billion yen for the six months to September, after a loss of 15.9 billion yen a year earlier.
Reuters said truck sales in Japan have surged since late last year due to the replacement of older vehicles ahead of the introduction of stricter emissions regulations.
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