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News // Autos

Honda With Lower Net Profit

30 July 2003 , 09:46539
Honda Motor Co. announced on Tuesday that its net profit for the April-June period decreased by 5.4 percent, to 101.92 billion yen compared to the previous year.

The company blames the strong yen and
increased marketing and management costs for the fall.

Net profit per share was 106.02 yen, down from 110.42 yen a year earlier

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