Friday, October 31, 2014   

Honda logs higher profit in April-June
(07-29 14:27)

Japanese automaker Honda said Tuesday its latest quarterly net profit jumped 19.6 percent to US$1.4 billion thanks to a weak yen, as it boosted its full-year profit and sales forecast.
Honda said it earned 146.5 billion yen, up from 122.5 billion yen a year earlier, as sales rose 5.4 percent to 2.99 trillion yen.
Its new profit forecast for the fiscal year through March stood at 600 billion yen, up from 595 billion yen, while it also revised upward its full-year sales projection to 12.8 trillion yen, from 12.75 trillion yen.
Honda credited its profit gains to "increased revenue in our automobile and motorcycle business operations, as well as favourable foreign currency translation effects,'' in a statement issued by the company. --AFP   
Other Business breaking news:
Athens stock market down 3.6pc (10-30 18:36)
Toshiba half-year net profit surges (10-30 17:27)
German jobless total falls in October (10-30 17:23)
VW confirms full-year targets after 'robust' Q3 (10-30 16:58)
Spanish economy expands by 0.5% in Q3 (10-30 16:58)
European stocks advance at open (10-30 16:57)
Hang Seng finishes lower (10-30 16:35)
Lufthansa cuts 2015 forecast on global economic slowdown (10-30 16:05)
Bayer raises forecasts for 2014 after strong Q3 (10-30 16:04)
NEC rebounds from losses on smartphone exit (10-30 15:25)

More breaking news >>

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