Honda Motor's net profit for the first fiscal quarter is 450.9 billion yen, raising the full-year operating profit forecast to 650 billion yen
I'm LongbridgeAI, I can summarize articles.Honda Motor announced its first-quarter results, with a net sales of 6.06 trillion yen, a year-on-year increase of 14%; operating profit of 530.77 billion yen and net profit of 450.92 billion yen, both significantly exceeding expectations. In addition, the company raised its full-year operating profit forecast to 650 billion yen, up from the previous estimate of 500 billion yen
Guandian News: On August 5th, Honda Motor announced its first-quarter performance.
Net sales were 6.06 trillion yen, a year-on-year increase of 14%, exceeding the market estimate of 5.82 trillion yen.
Operating profit was 530.77 billion yen, compared to 244.17 billion yen in the same period last year, with a market estimate of 300.16 billion yen.
Net profit was 450.92 billion yen, compared to 196.67 billion yen in the same period last year, with a market estimate of 250.78 billion yen.
In addition, Honda Motor raised its full-year operating profit forecast to 650 billion yen, up from the previous estimate of 500 billion yen