Honda posts fall in Q2 op profit but ups forecasts

Newswire

TOKYO, Oct 27 (Reuters) - Honda Motor Co. , Japan's third-biggest auto maker, posted a surprise fall in quarterly operating profit on Thursday, pressured by high raw materials costs but lifted its full-year forecasts thanks to a weaker yen. The maker of the Civic and Accord sedans made an operating profit of 162.69 billion yen ($1.40 billion) in the fiscal second quarter that ended in September, down 5.9 percent from 172.93 billion yen booked a year before. For the year ending in March, ...

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