Business

Honda posts 30per cent drop in nine-month operating profit

Japanese automaker Honda Motor Co on Tuesday posted a nine-month operating profit of 447 billion yen (US$4.26 billion), down 30per cent from 639.25 billion yen a year ago.

Honda's logo on its Modulo model is pictured at its showroom at its headquarters in Tokyo
FILE PHOTO: Honda's logo on its Modulo model is pictured at its showroom at its headquarters in Tokyo, Japan, February 19, 2019. REUTERS/Kim Kyung-hoon

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TOKYO: Japanese automaker Honda Motor Co on Tuesday posted a nine-month operating profit of 447 billion yen (US$4.26 billion), down 30per cent from 639.25 billion yen a year ago.

(US$1 = 104.8900 yen)

(Reporting by Eimi Yamamitsu; Editing by Jacqueline Wong)

Source: Reuters