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Honda Motor has reported a 6.9% decrease in profit for the first nine months of fiscal year 2025, with earnings reaching Y860.42bn ($5.63bn).
TOKYO – Honda Motor Co. reported a 2.1 percent decline in operating profit in the latest quarter as falling sales, higher r&d outlays and swinging foreign exchange rates hit earnings.
Meanwhile, Honda reiterated its FY25 operating profit forecast at 1.420 trillion yen. Price Action: HMC shares are down 9.72% at $27.36 at the last check Wednesday.
Honda Motor announced on Tuesday that it expects its operating profit to plummet by 58.8% in the current fiscal year, attributing the decline to cost ...
TOKYO (Reuters) -Japan's Honda Motor reported a surprise 15% drop in second-quarter operating profit on Wednesday, missing analysts' expectations as it suffered a heavy sales decline in China.
Japanese automaker Honda Motor said Tuesday it expects a 58.8% fall in operating profit for the current financial year, citing tariff-related costs. Honda now forecasts a full-year operating ...
(MENAFN) Japanese car manufacturer Honda Motor announced on Tuesday that it anticipates a substantial 58.8 percent decrease in operating income for the ongoing fiscal year. The decline is largely ...
Honda Motor has reported a 6.9% decrease in profit for the first nine months of fiscal year 2025, with earnings reaching Y860.42bn ($5.63bn).
Zinger Key Points Honda’s first-half profits fell 19.7% despite a 12.4% revenue increase due to weaker sales in China. FY25 profit forecast cut by ¥50 billion, while revenue guidance rose by ¥ ...
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