Honda Reports Consolidated Financial Summary for Fiscal Q1 Ended June 30, 2019

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Honda Motor (HMC) Reports Q1 Revenues of JPY3,966 Billion

August 2, 2019 5:42 AM EDT

Honda Motor (NYSE: HMC) reported Q1 revenue for the quarter came in at JPY3,966 billion, versus JPY4,024 billion reported last year.

Consolidated sales revenue for the fiscal first quarter (April 1, 2019 through June 30, 2019) amounted to 3,996.2 billion yen, a decrease of 0.7% compared to the same period last year, due primarily to a decrease in sales revenue such as automobile and motorcycle businesses as well as unfavorable foreign currency effects. This was despite an increase in sales revenue from financial services business.

Consolidated operating profit for the fiscal first quarter amounted to 252.4 billion... More