Honda Posts Record Quarterly Operating Profit of ¥530.7bn on Strong Motorcycle Sales in India and Brazil

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Honda posted a record quarterly operating profit of 530.7 billion yen for its fiscal Q1, with revenue up 13.5% year-on-year to 6.0515 trillion yen. Motorcycle sales grew mainly in India and Brazil, while the automobile business struggled in China but gained ground in North America. Net profit rose 129.3% to 450.9 billion yen.