Honda Earnings Beat Expectations

TOKYO — Honda Motor Co. said Tuesday its net profit sank 56% in the fiscal second quarter, as the yen’s strength and slack auto demand more than offset cost-cutting efforts and solid sales of fuel-efficient vehicles.

But Japan’s second-biggest car maker by sales volume sharply upgraded its full-year profit outlook …

 

Reference http://www.yahoo.com

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~ by Rithy Pheath on 11/01/2009.

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