UPDATE 2-Honda Q4 jumps but China seen hitting 05/06 profit

Newswire

(Recasts throughout with details, analyst and company comments) By Chang-Ran Kim, Asia auto correspondent TOKYO, April 26 (Reuters) - Japan's Honda Motor Co. posted a 27 percent jump in fourth-quarter net earnings on brisk overseas sales, but forecast its first earnings drop in five years for 2005/06 as stiff competition in China hurts profitability. The results came one day after rival Nissan Motor Co. kicked off the earnings season for Japanese auto makers with an 11 percent jump in ...

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