The motorcycle division of Kawasaki Heavy Industries (KHI) has stayed profitable for a second consecutive quarter, according to half-yearly financial results to 30 September — but only by breaking even in the past three months.
Sales revenue for the whole six-month period from bikes and ATVs rose by 34.3 per cent to £891.3m. Divisional operating profit was £16.5m, against an operating loss of £14.6m in the first half of its previous financial year. However, this entire positive bottom-line contribution was generated in the first quarter.
Total KHI revenue (of which the motorcycle division accounts for 23 per cent) increased by 3.5 per cent to £3.79bn. Operating profit shot up by 158.3 per cent to £170.9m. Net profit grew by 4.6 per cent to £82.8m.