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Honda Motor Expected to Post Drop in Fourth-Quarter Net Profit -- Earnings Preview
NET PROFIT FORECAST: Honda is expected to post a 26% drop in net profit to 175.13 billion yen, equivalent to $1.20 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with Y237.57 billion in net profit in the year-earlier period.
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Honda's profit for the fiscal year through March slipped 24.5 per cent from the previous year, as its vehicle sales in China ...
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