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rdf:type	schema:NewsArticle
schema:articleBody	Honda said on Tuesday that net profit more than doubled in the third quarter and revised up its full-year forecast as the global auto industry shows signs of recovery. The Japanese firm's net profit in the three months to December came to 284.1 billion yen ($2.7 billion), up from 116.4 billion yen for the same period a year earlier. The profit gain was mainly down to "increased efficiency of R&D expenditures and cost reduction efforts", Honda said. The coronavirus pandemic has taken a heavy toll on the global auto sector, but demand recovered swiftly in the second half of last year, notably in the United States and China. Honda, which revised its annual forecasts up last quarter, further upgraded its net profit outlook to 465 billion yen for the fiscal year to March, up from its earlier estimate of 390 billion yen. Rival automaker Nissan is due to publish its earnings later on Tuesday. si/kaf/dan
schema:headline	Honda Q3 net profit jumps, full-year outlook upgraded
schema:mentions	Research and development Nissan Honda Japan Pandemic United States China The Profit (TV series) Microsoft Outlook Japanese yen
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-09 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	64 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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