Honda (HMC): FQ3 net profit +62% to ¥77.4B ($851M) vs consensus of ¥104.95B. Revenues +25% to...

|About: Honda Motor Co., Ltd. (HMC)|By:, SA News Editor

Honda (HMC): FQ3 net profit +62% to ¥77.4B ($851M) vs consensus of ¥104.95B. Revenues +25% to ¥2.43T. Last year hurt by the Japanese earthquake and flooding in Thailand. Cuts FY forecast by 1.3% to ¥370B vs ¥211.48B last year, due to weak European demand and slow sales in China because of the islands dispute with Japan. Aims to sell record 4.4M vehicles this year vs 3.82M last year. (PR)