Honda Motor Company Reports FY24 Sales Revenue Of JPY20,428.8B Vs. JPY16,907.7B YoY; Company Reports EPS Of JPY225.88 Vs. JPY128.01 YoY
Portfolio Pulse from Benzinga Newsdesk
Honda Motor Company (HMC) reported a significant increase in FY24 sales revenue, reaching JPY20,428.8 billion compared to JPY16,907.7 billion year-over-year. Additionally, the company's earnings per share (EPS) saw a substantial rise to JPY225.88 from JPY128.01 in the previous year.
May 10, 2024 | 10:03 am
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Honda Motor Company reported a significant increase in FY24 sales revenue and EPS, indicating strong financial performance and growth.
The substantial increase in both sales revenue and EPS for Honda Motor Company suggests a strong financial performance for the fiscal year. This is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term. The growth in sales revenue indicates increased demand for Honda's products, while the rise in EPS reflects profitability improvements, both of which are key indicators of a company's health and appeal to investors.
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