Honda Q4 profit down 52 pct, gives no annual guidance

Newswire

TOKYO, April 28 (Reuters) - Honda Motor Co reported a 52 percent fall in quarterly operating profit and refrained from providing an outlook for the new business year as it struggles to measure the speed of its recovery after last month's earthquake in Japan. Japanese automakers have yet to figure out how fast all of the parts makers affected by the magnitude-9.0 earthquake on March 11 will fully recover, making it difficult to give an earnings projection for the year to March 2012. For ...

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