Despite some unfavorable factors such as 1) a decrease in automobile production and unit sales due to the semiconductor supply shortage and the impact of COVID-19 in China, and 2) an increase in production costs due to an increase in the cost of raw materials and the impact of inflation, consolidated operating profit for the fiscal nine months amounted to 733.9 billion yen, a year-on-year increase by 62.2 billion yen
The post Honda: Consolidated financial summary for the fiscal nine months ended December 31, 2022 and forecasts for the fiscal year ending March 31, 2023 appeared first on Automotive World.
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