Honda hikes profits
Thursday, 27 April 2006
Honda has more than doubled its fourth quarter profits on the back of strong overseas sales and a softer Yen.

Strong sales of the Civic in the American market and one-off items also contributed to the increase but the carmaker warned of weaker-than-expected earnings for 2006. Quarterly revenues leapt 20.6 per cent to 2.83tn yen from 2.35tn yen in the same period last year. Profits reached 219.5bn yen (£1.06bn).
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