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Realtime News
Home > News > Realtime News
Home > News > Realtime News
Honda First-Quarter Profit More Than Doubles
Posted on 2026-08-05 18:28:14
In international business news,

Honda says its first-quarter profit more than doubled from a year earlier as
the Japanese automaker continues its recovery from its first-ever annual
loss.

The company reported net profit of almost 457 billion yen, or about 3 billion
U-S dollars, for the April-to-June quarter.

That's up from over 196 billion yen during the same period last year.

Quarterly sales rose 13.5 percent to over 6 trillion yen, or about 38 billion
U-S dollars, driven by strong vehicle sales in the U-S and India.

Honda posted its first full-year loss in the fiscal year that ended in March,
citing heavy investment in its electric vehicle plans.

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