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Earnings Analysis: 
Honda Profit Up 38%, Sales Rises 10%
Author: 123jump.com Staff
123jump.com
Last Update: 6:15 PM EST February 04 2008



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The Japanese automaker said that its net income rose to 200 billion yen compared to 144.8 billion yen a year earlier. Sales and operating revenue increased 10% to 3.044 trillion yen. Honda recorded a 14.8% decline in sales of Power products from a year ago to 1.178 million units. The company declared a third quarter dividend of 22 yen per share and added that dividend for the fiscal year is expected to be at 86 yen per share.

 

 

 

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