Business · Companies · 2 hrs ago

Honda's April-September net profit rises 65.7% to 516.76 billion yen

Honda's April-September net profit rises 65.7% to 516.76 billion yen

Honda reported net profit of 516.76 billion yen for April through September.

That was 65.7% higher than in the same period a year earlier.

The figures cover the six months from April to September.

Net profit is what remains after a company’s costs and other expenses are accounted for.

The increase means Honda earned more on this measure during the period.

The announcement did not give a reason for the rise or say what happens next.

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