(Reuters) - Quarterly operating profit fell to 250.22 billion yen, down 26.6 percent from the previous year when it booked a 138 billion yen one-off pension-related gain.
For the year to March 2008, the Tokyo-based carmaker forecast a net profit of 575 billion yen, down from 592.32 billion yen in 2006/07 and against an average forecast of 641.4 billion yen in a survey of 16 brokers by Reuters Estimates. Honda, which is due to launch an all-new version of its flagship Accord sedan later this year, projected operating profit of 770 billion yen.
Read more at Reuters.com Market News
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