Honda Motor Co., Ltd. (HMC) reported that its second-quarter profit attributable to owners of the parent increased year-over-year to 177.0 billion yen or 98.26 yen per share from 127.7 billion yen or 70.88 yen per share. Operating profit increased by 38.4% to 228.0 billion yen due primarily to cost reduction efforts, a decline in SG&A expenses, including quality related expenses, as well as the impact of pension accounting treatment, despite negative foreign currency effects.
from RTT - Earnings http://ift.tt/2eZn15F
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