Honda reports 47% drop in Q4 operating profit

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(Corrects by removing extraneous text from headline)TOKYO : Japan's Honda Motor Co on Thursday posted a 47 per cent drop in fourth-quarter operating profit to 105.5 billion yen ($781 million), despite the help of a weaker yen.That compared to an average estimate of 164.78 billion yen in a poll by

TOKYO : Japan's Honda Motor Co on Thursday posted a 47 per cent drop in fourth-quarter operating profit to 105.5 billion yen , despite the help of a weaker yen.

That compared to an average estimate of 164.78 billion yen in a poll by 11 analysts by Refinitiv and a 199.6 billion yen operating profit the same period a year earlier.

 

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