Net profit of Japanese automaker Honda Motor in the I quarter of 2010-2011 fiscal year increased more than 36 times - up to 271.4 billion yen (3.13 billion dollars) against the target of last year, recorded at 7.5 billion yen. This information is contained in published today, a press release.
Sales in the April-June 2010 increased by 28,2% and amounted to 2,890,000,000 yen (33.05 million dollars), whereas the year before the company received 2.25 billion yen.
Operating profit Honda Motor has reached 234.4 billion yen (2.7 billion dollars), more than nine times higher than in the past year, who was at around 25.1 billion yen.
Honda is the second largest car manufacturer after Toyota in Japan and one of the largest Japanese car exporters in the U.S. and other countries.
Operating profit Honda Motor has reached 234.4 billion yen (2.7 billion dollars), more than nine times higher than in the past year, who was at around 25.1 billion yen.
Honda is the second largest car manufacturer after Toyota in Japan and one of the largest Japanese car exporters in the U.S. and other countries.