Honda to profit in the fourth quarter, earning $ 7.71
21st century Web news according to foreign media reports today, Japan's second largest automobile manufacturer Honda car (Honda Motor Co) today announced fourth quarter and fiscal 2009 results. The report shows that Honda automobile to profit in the fourth quarter and fiscal year forecast current net profit will grow 27 percent, due to the company in North America the largest market of automobile demand recovery.
In the ending 31 March of the quarter, Honda's net profit to 721 million yen (approximately $ 7.71 million), this performance is far better than the same period last year, but not and analyst expectations. In the fourth quarter of fiscal 2008, Honda's net loss for the 1860 billion yen (approximately $ 19.89 million). Pengboshe survey surveyed three analysts prior average expected, Nomura holdings fourth quarter net profit of 805 million yen (approximately $ 8.61 million).
Throughout fiscal 2009, Honda's net profit-2684 billion yen (approximately $ 28.7 million), compared to fiscal 2008 increased by 96%, mainly due to the company in the United States and Japan sales rebound in the market, and taking measures to reduce expenditure.
Honda prediction, as at 31 March of the current fiscal year, the company's net profits may be 34 million yen (approximately 36 million), higher than the same period last year of 2684 billion yen (about $ 29 billion); revenue may 9.34 trillion yen (about $ 994 million), higher than the same period last year by 8.58 trillion yen (about $ 913 million).
Results show that Honda is expected for the current fiscal year in the North American market of car sales to 148 million, compared with the previous fiscal year and an increase of 14%, because the North American automobile market is moving from recession to achieve recovery. Honda's Executive Vice President, Kondo Koichi (Koichi Kondo) today interview prediction that United States 2010 overall demand in the automotive industry can achieve 1130 million units.
According to research firm Autodata Corp, New Jersey, United States automobile sales in March for the fifth consecutive month of growth, to 107 million units. , Honda Accord (Gallery Forum) in United States market sales growth of 23%, to 108262 vehicles. This month, Honda is the first time on all Honda brand vehicles provides discount.
(21 century network)
International oil prices rebounded again rebounded to $ 85
Last Friday, the United States announced a new UK sales data exceeds market expectations, the dollar index declined, the United States since the stock Refresh rebound. Driven by the good, have received high industrial product futures, one of the largest international oil prices rose, recover 85 dollars.
Text/table journalists Chen Fang
New York commercial Futures Exchange (NYMEX) of crude oil futures appear obvious "far higher near the market of low". The Friday closing price starting from November contracts have over 90 dollars, 2011 delivery of futures contract closing price is over $ 90.
Oil prices appear to underestimate the phenomenon
In addition, NYMEX crude oil futures and quality somewhat less of Brent crude oil futures price upside down again, Brent crude futures on Friday, the main contract closing report 87.25 USD/barrel.
Everbright futures analyst Liu month analysis pointed out that the United States crude oil inventory at a high level, is causing the NYMEX crude oil futures spot contract underestimated. As of last Wednesday, the NYMEX crude oil futures for delivery in stock up to 3410 million barrels, distance from the historical high 3570 million barrels. Liu, to think, overall, the current international oil prices remain strong oscillations of pattern, but the short-term difficulties appear breakthrough price.
Rise in prices of agricultural products will meet
Industrial futures into oscillation, analysts are beginning to see the CBOT Agricultural Futures (Chicago Board) of soybean and soybean meal futures since the beginning of April begins a wave obvious elevating market; Wheat futures price momentum is relatively clear.
The domestic market, the recent precipitation of soybean production areas affected by Heilongjiang province and the effects of low temperature, Dalian Futures Exchange in soybean futures climbed continuous appear around. Qiangmai in policy support and inclement weather factors hype down the main contracts rose sharply, 1009 week up 1.31%, as of last Friday positions reached 47224 hands from the previous trading day has increased by almost 100%.
Tianqi futures researcher hanjin column represents, agricultural products in sideways for three months, is expected to usher in a new rise in prices.
(Guangzhou)