Honda raises profit forecast, sticks to Wuhan plant schedule

TOKYO: Honda Motor Co raised its forecast for full-year operating profit by 6per cent on Friday as a weaker yen increased the value of its overseas sales.

There are no disruptions in China-made parts supplies that would prevent a restart of the three plants it operates in Wuhan with local joint venture partner Dongfeng Motor Group or production at other facilities globally, he said. Honda raised its operating income forecast to 730 billion yen for the year to March 31 from a previous estimate of 690 billion yen.

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