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[TOKYO] Honda Motor Co on Wednesday slightly lifted its full-year revenue forecast after quarterly net profit rose 6.9 per cent due to strong vehicle sales in North America.
Honda raised its revenue forecast to 14.6 trillion yen (S$168.4 billion), from a previous forecast of 14.5 trillion yen, saying it anticipated a positive impact from a weaker yen.
Net profit, which includes earnings made in China, during the July-September quarter at Japan's third-biggest automaker rose to 127.7 billion yen from 119.5 billion a year earlier. That was lower than an average estimate for 129.12 billion yen drawn from forecasts by 26 analysts according to Thomson Reuters I/B/E/S/ data.
Operating profit for the second quarter fell 2.5 per cent to 164.84 billion yen.
From this fiscal year, Honda is reporting results under international accounting standards for the first time.