Isuzu,7% owned by General Motors, reported that its Q3 sales and profits grew, but operating profit for April-December period fell 7.6%.
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Net profit for the nine months sank 16%, due to increased spending on research and development, according to Reuters. Nine-month revenue grew 4.8% to 1.134 trillion yen.
Finanzen.net reported that third quarter net profits were up 11% thanks to an increase in sales. Turnover was up 14% to 396 billion yen. Net profit was 16.8 billion yen, up from 15.2 billion yen a year earlier.
Operating profit was up 3.4% to 21.4 billion yen.
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