Honda posts 15% fall in Q2 operating profit, missing forecasts

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TOKYO : Japan's Honda Motor reported a 15 per cent decline in second-quarter operating profit at 257.9 billion yen ($1.68 billion), on Wednesday, missing analysts' expectations while keeping its full-year profit forecast.

The profit compared to 302.1 billion yen in the same period last year, and the 427.

The company maintained its full-year operating profit forecast of 1.42 trillion yen.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Japan Forecast Tokyo Profit People Experience Operating Mediacorp Chat Full-year Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 12:12:21 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 148 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23441177

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