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Honda raises profit forecast, sticks to Wuhan plant closure schedule

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Honda raises full-year operating profit forecast on weaker yen

) raised its forecast for full-year operating profit by 6% on Friday, with a weaker yen increasing the value of its overseas sales.

And like other global automakers, Honda too has been impacted by the coronavirus outbreak on vehicle production in China. It adjusted its expectation for the yen to average 108 to the dollar for the 12-month period from a prior forecast of 107.

 

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