Yamaha Motor first half sales up 16.2%

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DPA

Japanese carmaker Yamaha Motor Co reported first half net sales of ¥1,068.9 billion ($8.04 billion), an increase of 16.2% compared with the same period of the previous fiscal year. Ordinary income was ¥115.4 billion, an increase of ¥0.4 billion or 0.3%, and net income attributable to owners of parent was ¥83.0 billion, a decrease of ¥10.1 billion or 10.8%. In light of continued cost reductions and the depreciating trend of the yen, the company has revised its forecasts for the fiscal year ending December 31 this year. The company now expects fiscal year net sales to be ¥2,200 billion, an incre…

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