TOKYO: Honda Motor Co on Friday forecast a 3.6% rise in net profit for the year to next March, below analyst estimates, saying it expects strong sales of the remodelled Fit compact car globally including in the US.
Honda said it expects to post 595 billion yen (US$5.8bil) in net profit this business year, compared with the 700 billion yen mean estimate of analysts polled by Thomson Reuters I/B/E/S.
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