CORRECTED - CORRECTED-Honda Q1 jumps on stronger sales; raises forecast

Newswire

(Corrects headline to ... raises forecast ... not, keeps forecast) TOKYO, July 30 (Reuters) - Honda Motor Co posted a nine-fold surge in quarterly operating profit on Friday on brisk sales in the United States, China, and other Asian markets, and it raised its forecasts despite a sharp rise in the yen. Japan's No. 2 automaker reported an operating profit of 234.4 billion yen ($2.7 billion) for the April-June quarter, up from 25.2 billion yen a year ago and beating the average 138.3 ...

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