The motorcycle division of Kawasaki Heavy Industries has finally escaped from sustained losses, unveiling a positive performance in its first-quarter financial results to 30 June 2013.
Revenue from bikes and ATVs during the period rose by 26.2 per cent to £449.9m, representing 24 per cent of Kawasaki’s total sales. The resultant operating profit was £16.5m — up from a loss of £2.3m in the same quarter last year.
Overall, KHI group revenue was stagnant, down marginally by 0.3 per cent to £1.88bn. Operating profit increased by 148.5 per cent to £111.4m, although net profit dropped by 25.5 per cent to £29.9m.