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8/4, 8:17 AM (Source: TeleTrader)
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Honda's Q1 EPS up to ¥128.87

Honda Motor Co. Ltd. reported on Wednesday that its diluted earnings per share for the first quarter of fiscal 2022 stood at ¥128.87 ($1.18), up compared to a loss per share of ¥46.84 from the same period a year ago.

The automaker's sales revenue skyrocketed 68.7% year-on-year to reach ¥3.58 trillion in the first three-month period, while operating profit amounted to ¥234.2 billion in the quarter ending with June 30, 2021, increasing by ¥356.9 billion on an annual basis.

The company also announced it will buy back up to 18 million shares, or 1% of total issued stock, for up to ¥70 billion.

Breaking the News / MS