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Honda fiscal Q4 operating profit falls 32% on recall costs, flat car sales
2015-04-28 14:26:42| Automakers - Topix.net
Tepid sales and a barrage of recall costs hammered profits at Honda Motor Co. in the latest quarter, forcing the carmaker to miss its main targets for full-year earnings and unit sales.
Tags: sales
car
costs
operating
UPDATE 1-Paper maker UPM misses first-quarter profit expectations
2015-04-28 14:15:44| Paper - Topix.net
Finland's UPM-Kymmene , the world's largest maker of graphic papers such as magazine paper and newsprint, missed quarterly core profit expectations due to weak paper deliveries and prices. The company said on Tuesday its profit was boosted by cost cuts and favourable exchange rates, but that was offset by weaknesses in its paper and energy divisions.
Tags: update
profit
expectations
maker
China Telecom says profit down 9 percent due to tax change
2015-04-28 13:51:25| Telecom - Topix.net
China Telecom Ltd., one of China's three main state-owned phone carriers, says its quarterly profit fell 9 percent from a year earlier due to tax changes and a rise in personnel costs. The Beijing-based company said Tuesday it earned 5 billion yuan in the three months ended March 31. Revenue declined 2.1 percent to 81.4 billion yuan .
Honda fiscal Q4 operating profit falls 32% on recall costs, flat car sales
2015-04-28 13:44:15| Auto Dealers - Topix.net
Tepid sales and a barrage of recall costs hammered profits at Honda Motor Co. in the latest quarter, forcing the carmaker to miss its main targets for full-year earnings and unit sales.
Tags: sales
car
costs
operating
Honda predicts minimal profit growth
2015-04-28 12:39:17| BBC News | Business | UK Edition
Japanese carmaker Honda forecasts that profit for the current financial year will rise by just 0.4%, after results fell short of expectations last year.
Tags: growth
profit
honda
minimal
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