HONDA POSTS 78% RISE IN Q1 PROFIT ON U.S. SALES JUMP
NEWS Desk Global
Japan's Honda Motor (7267.T) reported a 78% rise in quarterly profit on Wednesday, boosted by increased sales, especially in the North American market, and a weaker yen. Japan's second-biggest automaker by sales said its operating profit totalled 394.4 billion yen ($2.76 billion) in the three months through June, handily beating the average 324.74 billion yen estimate in a poll of 10 analysts by Refinitiv.
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