Honda Motor Co., Ltd. Reports Consolidated Financial Results for the Fiscal First Quarter Ended...

TOKYO, July 25 /PRNewswire-FirstCall/ -- Honda Motor Co., Ltd. (NYSE: HMC - News ) today announced its consolidated financial results for the fiscal first quarter ended June 30, 2008. First Quarter Results Honda's consolidated net income for the fiscal first quarter ended June 30, 2008 totaled JPY 179.6 billion (USD 1,688 million), an increase of 8.1% from the same period in 2007. Net income set a record high for the fiscal first quarter. Basic net income per common share for the quarter amounted to JPY 98.98 (USD 0.93), an increase of JPY 7.6 from JPY 91.38 for the corresponding period last year. One Honda American Depository Share represents one common share. Consolidated net sales and other operating revenue (herein referred to as "revenue") for the quarter amounted to JPY 2,867.2 billion (USD 26,943 million), a decrease... [read full story]