UDPATE 1-Honda H1 profits up but full-year forecast cut

Newswire

(Updates with company and analyst comments) By Chang-Ran Kim TOKYO, Oct 28 (Reuters) - Honda Motor Co , Japan's second-largest automaker, on Monday reported a record operating profit for the first half of the business year, helped by brisk U.S. sales, but cut its full-year profit target due to a stronger yen. Group operating profit for April-September was 323.87 billion yen ($2.61 billion), up 2.7 percent from the same period last year but slightly under an analysts' consensus forecast ...

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