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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (59986)	2/5/2002 12:59:00 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Honda Motor Third-Quarter Profit Probably Rose 71% to Record By Kae Inoue quote.bloomberg.com Tokyo, Feb. 5 (Bloomberg) -- Honda Motor Co. will probably report third-quarter group profit rose 71 percent to a record, as Japan's second-largest automaker benefited from a weaker yen and new models attracted buyers in the U.S. and Japan. Net income for the maker of Odyssey minivans probably rose to 81 billion yen ($613 million), or 83.1 yen a share, for the October-December quarter, from 47.3 billion yen, or 48.6 yen a share, in the year-earlier period, according to seven analysts surveyed by Bloomberg. Honda reports today at 3 p.m. in Tokyo. ``We expect the numbers to be really good for the third quarter,'' said Dai Nishiyama, who helps manage $7.8 billion in investments at SG Yamaichi Asset Management Co., including auto stocks. ``We need to look out for the fourth quarter, when the weaker yen will really have a even bigger impact on earnings.''