HONDA PROFITS UP 5%
January 31 2007.
Honda Motor Co. has reported an 8.8% gain in group net profit for the October-December quarter, propelled by higher sales in Europe and Japan and as a weaker yen boosted overseas profits.  
It posted a group net profit of Y144.83 billion in the three months ended Dec. 31, up from Y133.15 billion a year earlier.
Group operating profit rose 5.2% to Y205.11 billion from Y194.99 billion and group sales grew 12% to Y2.769 trillion from Y2.472 trillion.
For the full fiscal year, the Honda raised its group net profit outlook to Y560 billion from Y555 billion. It continues to forecast a group operating profit of Y820 billion and group sales of Y11.000 trillion.