Japanese car and bike manufacturer Honda has reported a jump in third-quarter profits as US sales recover, but cut its annual forecast as sales in China and Europe drop.
Honda's profits hit 77.4bn yen ($851m; £538m) in the last quarter of 2012, up from 47.6bn yen a year earlier. The firm said profits had also been boosted by a continued recovery from the floods in Thailand in 2011.
However, it cut its full-year profit forecast to 370bn yen, compared with its previous projection of 375bn yen.
Source: BBC Business News
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