Honda, Net Profit and Nissan Motor
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Zacks.com on MSNCore CPI Increased Less Than ExpectedCPI for April Comes In-Line at Post-Covid Lows Arguably the biggest economic print of this week is the Consumer Price Index (CPI) for the month of April. This not only brings us a new applicable Inflation Rate (CPI headline,
Honda Motor Co. reported a 76% drop in fourth-quarter operating profit on Wednesday, missing analyst expectations by a wide margin and prompting a sharply downgraded outlook for the fiscal year ahead.
Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in China dropped.
Honda's profit for the fiscal year through March slipped 24.5 per cent from the previous year, as its vehicle sales in China dropped, and the Japanese automaker warned Tuesday that President Donald Trump's tariffs will worsen its earnings.
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Kyodo News on MSNURGENT: Honda expects 70% decline in FY 2025 net profit amid U.S. tariff woesHonda Motor Co. said Tuesday it expects its net profit for the current fiscal year starting April to tumble 70.1 percent from a year earlier to 250 billion yen ($1.7 billion), amid uncertainty over U.