Honda posts solid yearly earnings despite chip crunch

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 61%

Belgique Nouvelles Nouvelles

Honda said it expects its net profit to remain steady in the current financial year, even as the global microchip shortage and virus-related supply chain disruption cause headaches for the car industry.

The company also expects net profit to remain steady in the current financial year, even as the global microchip shortage and virus-related supply chain disruption cause headaches for the car industry.

Sales last year were up 10.5%, it said,"due mainly to increased sales revenue in motorcycle business and financial services business operations as well as positive foreign currency translation effects." Honda said its factories in Japan and overseas had been forced to suspend or reduce output due to supply chain and staffing issues related to Covid-19.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 16. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Earnings fall 17% at cement maker MannokCompany, formerly know as Quinn Industrial Holdings, blames sharp rise in costs
La source: IrishTimesBiz - 🏆 6. / 77 Lire la suite »