T Mac
07-25-2006, 08:09 PM
July 25 (Bloomberg) -- Honda Motor Co., Japan's third- largest carmaker, will probably report record first-quarter profit aided by demand for its fuel-efficient Civic models in the U.S. and a weaker yen.
Net income gained 21 percent to 134 billion yen ($1.15 billion) in the three months ended June 30, according to the median estimate of seven analysts surveyed by Bloomberg. Estimates ranged from 111.5 billion yen to 153 billion yen. The Tokyo-based automaker's sales probably rose 10 percent to 2.5 trillion yen, the analysts said.
Click here (http://www.bloomberg.com/apps/news?pid=20601101&sid=agIghY4rnOZw&refer=japan) to read the entire article from Bloomberg
Net income gained 21 percent to 134 billion yen ($1.15 billion) in the three months ended June 30, according to the median estimate of seven analysts surveyed by Bloomberg. Estimates ranged from 111.5 billion yen to 153 billion yen. The Tokyo-based automaker's sales probably rose 10 percent to 2.5 trillion yen, the analysts said.
Click here (http://www.bloomberg.com/apps/news?pid=20601101&sid=agIghY4rnOZw&refer=japan) to read the entire article from Bloomberg