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KAWASAKI RETURNS TO PROFIT ON BIKES

Full-year financial results to 31 March 2013 show that Kawasaki’s motorcycle division has crept back into the black. Sales revenue for the 12 months rose by seven per cent to £1.65bn, yielding a modest operating profit contribution of £15.7m — against an operating loss of £19.3m in the previous financial year.

Divisional revenue from bikes and associated products (ATVs, Jet Ski watercraft, etc) constituted 19 per cent of total Kawasaki Heavy Industries annual turnover, which fell by one per cent to £8.42bn. KHI group operating profit dropped by 26.8 per cent to £274.9m but net profit rose by 32.3 per cent to £201.7m.

For its new financial year to 31 March 2014, KHI is forecasting sales revenue of fractionally over £9bn, an operating profit of £392.2m and a net profit of £222.2m.

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