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Honda Motor Clocks 10% Top-Line Growth In FY22

By Shivani Kumaresan
  • Honda Motor Co Ltd (NYSE:HMC) reported the fiscal year 2022 sales growth of 10.5% to ¥14.55 trillion.
  • The operating profit for the year rose 32% to ¥871.2 billion.
  • Motorcycle business sales revenue increased 22.3% to ¥2.185 trillion, whereas Automobile business sales revenue rose 6.6% to ¥9.36 trillion.
  • Sales revenue for fourth-quarter FY22 grew 6.9% Y/Y to ¥3.87 trillion. The operating profit fell 6.4% to ¥199.5 billion.
  • Outlook: Honda sees FY23 sales to grow at 11.7% to ¥16.25 trillion.
  • It expects FY23 operating profit to decline 7% to ¥810 billion.
  • Price Action: HMC shares are trading higher by 1.83% at $25.55 on the last check Friday.
  • Photo Via Wikimedia Commons
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Dive Deeper:
Olaplex Clocks 58% Top-Line Growth In Q1; Affirms FY22 Forecast
Olaplex Holdings Inc (NASDAQ:OLPX) reported first-quarter FY22 sales growth of 57.6% year-on-year to $186.2 million, beating the consensus of $172.46 million. The gross…
Honda yearly earnings solid despite chip crunch
Tokyo (AFP) - Japanese auto giant Honda said Friday net profit rose 7.6 percent in the financial year to March,…
Tapestry Q3 Earnings Top Estimates; Cuts FY22 Outlook
Tapestry Inc (NYSE:TPR) reported third-quarter FY22 sales growth of 13% year-on-year, to $1.44 billion, beating the consensus of $1.42 billion. Adjusted EPS of…
Vertex Energy Clocks 61% Top-Line Growth In Q1
Vertex Energy Inc (NASDAQ:VTNR) reported first-quarter revenue growth of 60.6% year-over-year to $40.22 million, missing the consensus of $51.69 million. EPS loss…
One subscription that gives you access to news from hundreds of sites
Genius Sports Clocks 60% Revenue Growth In Q1 Aided By Betting, Sports, Media Technology Segments
Genius Sports Limited (NYSE:GENI) reported first-quarter FY22 revenue growth of 59.9% year-on-year to $85.9 million, beating the consensus of $77.9 million. Segments: Betting…
US Foods Q1 Earnings Lags Street View; Reaffirms FY22 Outlook
US Foods Holding Corp (NYSE:USFD) reported first-quarter FY22 sales growth of 23.9% year-on-year, to $7.8 billion, missing the consensus of $8.59 billion. Total…
Get all your news in one place