Honda Motor Co Ltd

7267: XTKS (JPN)
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Honda Earnings: Revenue in Line, While Automotive Remains in Loss; Guidance Raised but Expected

Honda’s fiscal first-quarter consolidated revenue declined 1% year over year. Revenue for automobile and motorcycle segments grew 1%, while sales and profitability for the China unit remain sluggish. Automobile operating margin declined to negative territory due to tariffs and one-off provisions.

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