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Honda Profit To Increase

Credit: Wochit Business
Published on May 8, 2019 - Duration: 00:44s

Honda Profit To Increase

TOKYO – Honda Motor Co.

Reported a 13 decline in full-year operating profit on foreign exchange losses, rising incentives and one-time costs to restructure its European business.

Operating profit declined to 726.3 billion yen ($6.55 billion) in the fiscal year ended March 31, the Japanese carmaker said Wednesday.

Net income tumbled 42 percent to 610.3 billion yen ($5.51 billion) in the 12-month period.

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Honda Profit To Increase

APRIL 28, 2017, FILE PHOTO PHOTO TAKEN THROUGH THE WINDOW JULY 31, 2018, FILE PHOTO

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