Honda reports 6% profit increase
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Honda reports 6% profit increase

Honda reports 6% profit increase

Honda Motor Co has announced its fiscal fourth quarter profit rose around 6%, as the Japanese automaker's recovery from floods in Thailand the previous year offset recent sales losses in China, the Associated Press has reported. Japan's third-biggest carmaker reported a quarterly profit of ¥75.7bn ($765m), up from ¥71.5bn the same period the previous year. Quarterly sales jumped 14% to ¥2.74trn ($27.7bn), the company said.

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