Honda Motor Co., Ltd. announced a decline in profit attributable to the owners of the parent in the second quarter. The profit dropped to 196.67 billion yen from 394.66 billion yen in the previous year. Earnings per share were 46.80 yen compared to 81.81 yen last year. Operating profit also decreased to 244.17 billion yen from 484.71 billion yen. Sales revenue fell to 5340.27 billion yen from 5404.86 billion yen. Despite this, Honda Motor closed trading 1.53% higher at 1,571.50 on the Tokyo Stock Exchange.
Read more at Nasdaq: Honda Motor Earnings Decline In Q2
