TELETRADER News
8/4/2021, 8:17 AM
(Source: TeleTrader)
HONDA MOTOR+4.40%
Honda Motor+2.60%
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.