Honda Second-Quarter Earnings More Than Double
Oct 29th 2010 5:00AM
Updated Oct 29th 2010 5:10AM
Honda Motor (HMC) reported Friday a net profit of 135.93 billion yen ($1.68 billion) for July-September compared with 54 billion yen earned the same period in 2009.
The results show the resilience of the Japanese automaker amid a battering from a plunging dollar, which erodes the value of overseas earnings of this nation's exporters.
Quarterly sales rose 9.5% to 2.252 trillion yen ($27.9 billion) on solid global demand for Honda vehicles.