Honda Q4 Earnings: Sales Up, Profits Down

  Published 9 months ago

Honda sales rose 27.9% to ¥13.8T, but pre-tax profit fell 19.8% due to higher costs and investment losses.

  • Sales jumped 27.9% to ¥13,791.5B from currency gains and increased unit sales.
  • Pre-tax profit dropped 19.8% to ¥1,317.6B due to ¥109.8B equity method investment losses.
  • Operating costs rose 22.5% to ¥13,230.8B, driven by higher cost of sales and SG&A expenses.

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