Honda posts 5.1 pct rise in Q1 operating profit, below expectations

Newswire

TOKYO, July 31 (Reuters) - Honda Motor Co was below expectations with a 5.1 percent rise in quarterly operating profit on Wednesday after strong sales in the United States and Asia offset a sales drop in Japan and as it sees a boost in profits from a weakening yen. Japan's third-biggest automaker by sales volume posted an operating profit of 185.0 billion yen ($1.9 billion) for its April-June first quarter, compared with 176.01 billion yen a year earlier. The ...

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