TOKYO :Japan's Honda Motor Co on Thursday forecast a 14.9 per cent rise in operating profit for this business year, after it missed analysts' estimates in the fourth quarter.
Japan's second-biggest automaker forecast full-year operating profit rising to 1.0 trillion yen compared with a 985.62 billion yen average profit expected by 21 analysts. It said it expected higher sales volume and to benefit from a strengthening supply chain. Operating profit for the three months to Mar. 31 stood at 105.5 billion yen, compared to an average estimate of 164.78 billion yen in a poll by 11 analysts by Refinitiv.
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