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The Independent UK
The Independent UK
National
Yuri Kageyama

Japan's Honda boosts profit despite chips crunch, COVID

Copyright 2022 The Associated Press. All rights reserved

Honda reported a 27% jump in its October-December profit, despite headwinds like shortages of computer chips and rising costs of raw materials.

Tokyo-based Honda Motor Co.'s profit in the last quarter totaled 244.6 billion yen ($1.9 billion), up from 192.9 billion yen the year before.

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