Honda Q3 net profit more than doubles to $1.56 bln

Newswire

TOKYO, Jan 31 (Reuters) - Honda Motor Co's October-December net profit more than doubled to 160.7 billion yen ($1.56 billion), back to pre-Lehman crisis levels but lower than expectations, helped by strong sales of the redesigned Fit subcompact that went on sale in Japan in September. The results, announced by Japan's third-biggest automaker by sales volume on Friday, were below the average estimate of 172 billion yen in a Thomson Reuters I/B/E/S poll of seven analysts. In ...

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