TOKYO : Japan’s Honda Motor reported a 15 per cent decline in second-quarter operating profit at 257.9 billion yen ($1.68 billion), on Wednesday, missing analysts’ expectations while keeping its full-year profit forecast.
The profit compared to 302.1 billion yen in the same period last year, and the 427.2 billion yen average of seven analyst estimates in an LSEG survey.
The company maintained its full-year operating profit forecast of 1.42 trillion yen.
($1 = 153.9000 yen)