Honda nine-month net profit doubles to $3.2 bn
- Published: 31 Jan 2013 at 13.44
- Online news: World
Japanese automaker Honda said Thursday that its net profit for the nine months to December 2012 more than doubled to $3.2 billion as strong sales in North America and cost-cutting offset a strong yen.
The Honda Motors logo is displayed on a car in front of the Tokyo headquarters on July 30, 2010. Honda said Thursday that its net profit for the nine months to December 2012 more than doubled to $3.2 billion thanks to sales gains and cost-cutting.
The nation's third-biggest automaker said the net profit of 291.4 billion yen was up from 139.9 billion yen in the same period the previous year, while sales jumped 28.7 percent to 7.13 trillion yen.
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