Honda Motor Co. said Tuesday its group net profits in the October-December quarter shot up 73.8 percent from a year earlier to 82.26 billion yen on higher sales and a weaker yen.
The company's consolidated pretax profit in the third quarter rose 41.9 percent to 120.47 billion yen on sales of 1.76 trillion yen, up 11.4 percent.
Without the gain on currency rates, the sales increase would have been limited to 3 percent, the company said.
Per-share net profit climbed 35.84 yen over the corresponding period of 2000 to 84.42 yen.
In the April-December period, the firm's group net profit rose 51.3 percent from the corresponding nine-month period of the previous year to 25 billion yen.
Pretax profits in the April-December period increased 41 percent to 390.46 billion yen on sales of 5.26 trillion yen, up 13.7 percent.