Honda reverts to profit amid recovery from pandemic damage

(Dominic Lipinski/PA)

Honda returned to profitability in April-June, recording a 222.5 billion yen (£1.4 billion) profit, as better sales and cost cuts added to the Japanese car maker’s bottom line.

The group had racked up a 80.8 billion yen loss the same period the previous year, when the entire industry was hurt by the coronavirus pandemic.