Honda surprises with rosy Q1, ups full-year f'cast

Newswire

TOKYO, July 28 (Reuters) - Honda Motor Co. posted a surprise 0.3 percent rise in first-quarter operating profit on Wednesday, weathering a drop in sales in the key U.S. market, and it raised its outlook for the full year. Honda is the first of Japan's leading car makers to report first-quarter results, ahead of Nissan Motor Co. on Thursday and leader Toyota Motor Corp. on Aug. 3. Operating profit for the three months to June was 159.99 billion yen ($1.44 billion), compared with a revised ...

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