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Japan's Honda boosts profit despite chips crunch, COVID

Por: Associated Press Business February 10, 2023

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TOKYO (AP) — Honda reported a 27% jump in its October-December profit, despite headwinds like shortages of computer chips and rising costs of raw materials. Tokyo-based Honda Motor Co.’s profit in the last quarter totaled 244.6 billion yen ($1.9 billion), up from 192.9 billion yen the year before. Quarterly sales rose 20% to 4.4 trillion yen ($33.5 billion), as Honda sold more motorcycles around the world, compared to a year ago, while... + full article



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