Daihatsu’s group net profit in the April-June quarter rose 13.2% from a year earlier to JPY23.28bn (US$23m), a record high for the period as a result of a weaker yen and increased overseas sales, particularly in Indonesia and Malaysia.
Group operating profit grew 14.3% from a year earlier to JPY43.25bn due partly to cost-cutting efforts despite its minivehicle sales in Japan for the three-month period dropping 10% to 158,000 units, following the ending of government subsidies on environmentally friendly cars.
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