Honda H1 operating profit up 2.7% on brisk US sales

Newswire

TOKYO, Oct 28 (Reuters) - Honda Motor Co , Japan's second-largest automaker, said on Monday its first-half operating profit rose 2.7 percent, helped by brisk U.S. sales, but it cut its full-year profit target. Group operating profit for the April to September term came in at a record 323.87 billion yen ($2.61 billion), slightly under a consensus forecast of around 337 billion yen. Net profit rose 12.1 percent from a year earlier to a record 194.78 billion yen, or 199.98 yen per share, ...

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