{"id":1380031,"date":"2019-02-01T04:38:00","date_gmt":"2019-02-01T02:38:00","guid":{"rendered":"http:\/\/nhub.news\/?p=1380031"},"modified":"2019-02-02T03:30:38","modified_gmt":"2019-02-02T01:30:38","slug":"japans-honda-motor-third-quarter-profit-plummets-40-2-percent-missing-estimates","status":"publish","type":"post","link":"http:\/\/nhub.news\/ru\/2019\/02\/japans-honda-motor-third-quarter-profit-plummets-40-2-percent-missing-estimates\/","title":{"rendered":"Japan's Honda Motor third quarter profit plummets 40.2 percent, missing estimates"},"content":{"rendered":"

Honda Motor on Friday reported a 40.2 percent drop in third-quarter operating profit despite posting higher vehicle sales during the period, missing market expectations.<\/b>
\nHonda Motor on Friday reported a 40.2 percent drop in third-quarter operating profit despite posting higher vehicle sales during the period, missing market expectations.
Japan’s third-biggest automaker posted profit of 170.1 billion yen ($1.56 billion) for October-December, from 284.5 billion yen in the same period a year earlier.
The result compared with the 208.8 billion yen median of 10 analyst estimates compiled by Refinitiv.
Honda kept its full-year profit forecast at 790 billion yen, although it now assumes that the domestic currency will trade around 111 yen to the U. S. dollar through March 31, from a previous forecast for 110 yen.<\/p>\n