Toyota operating profit up 10 per cent amid robust sales in Asia
Toyota Motor
Tokyo - DPA
Toyota Motor saw its operating profit in the July-to-September quarter rise 10.9 per cent year-on-year to 579.2 billion yen (5.1 billion dollars) due to cost-cutting measures and strong sales in Asia, the carmaker said Tuesday.
Japan’s largest carmaker also booked a net profit of 585.1 billion yen for the quarter, up 27.6 per cent in the same period last year, while sales were up 2.3 per cent to 7.3 trillion yen.
Vehicle sales in Asia grew 9.1 per cent from a year earlier to 417,000 units in the three month period, while those in North America edged down 1 per cent to 665,000, Toyota said.
Strong sales and cost-cutting measures led Toyota to revise up its operating profit outlook for the current financial year to 2.4 trillion yen from 2.3 trillion yen predicted in August.
The carmaker also raised its net profit forecast for the year to March 2019 to 2.3 trillion yen from 2.12 trillion yen estimated three months ago, while sales were now predicted at 29.5 trillion yen from 29 trillion yen.
- Thursday ,06 December GMT 16:42 2018 80,000 Hyundai workers protest plans for low-wage factory in S Korea
- Tuesday ,27 November GMT 15:14 2018 Mercedes, Ford and Kia models among nominees for 2019 Car of the Year
- Sunday ,25 November GMT 21:19 2018 Mercedes-Benz recalls vehicles in China with faulty camera software
GMT 14:23 2018 Friday ,14 December
China to suspend US car tariffs in sign of easing trade tensionGMT 16:42 2018 Thursday ,06 December
80,000 Hyundai workers protest plans for low-wage factory in S KoreaGMT 15:14 2018 Tuesday ,27 November
Mercedes, Ford and Kia models among nominees for 2019 Car of the YearGMT 21:19 2018 Sunday ,25 November
Mercedes-Benz recalls vehicles in China with faulty camera softwareGMT 16:19 2018 Sunday ,18 November
Dongfeng Honda recalls vehicles in China over faulty sunroofsGMT 14:51 2018 Thursday ,15 November
Volkswagen expects challenging Chinese car market in 2019GMT 14:11 2018 Wednesday ,14 November
BMW fails to close sales gap with Mercedes in OctoberGMT 08:16 2018 Friday ,09 November
Russia’s Aurus cars to be showcased during Geneva Motor ShowRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 13:21 2017 Wednesday ,22 November
RAK Chamber celebrates its Golden Jubilee this NovemberGMT 06:37 2013 Saturday ,25 May
Hasna El-bacharia, Gaâda Diwane band at seventh festival of Diwane
GMT 17:56 2017 Monday ,06 February
‘Terrorist’ bomb blast hits outside Bahraini capital
GMT 09:03 2017 Sunday ,17 September
Assistant foreign minister holds meetings in Geneva
GMT 13:10 2017 Monday ,20 March
New Zealand's Taylor ruled out of third Test against South AfricaGMT 13:14 2012 Saturday ,19 May
Verizon\'s and Comcast\'s data capsGMT 08:15 2011 Monday ,19 December
Sheikha Mozah pledges to support cash-strapped UNESCO
GMT 05:06 2016 Sunday ,18 December
National Media Council organises workshop on behavioural science in communicationGMT 12:37 2012 Sunday ,24 June
Ahmed Shafiq, Egypt\'s first elected president
GMT 11:45 2015 Sunday ,16 August
15 suspected Kurdish militants arrested in Istanbul
GMT 05:00 2017 Wednesday ,26 April
Petrochemical shares drag Tadawul lowerGMT 06:54 2011 Thursday ,15 December
A taste of Colorado through Rocky Mountain brewsGMT 13:32 2011 Thursday ,21 July
Hamilton wary of forecastsGMT 16:23 2011 Monday ,01 August
Putin agrees to take part in documentary filmGMT 12:28 2011 Wednesday ,24 August
Hamad sends cable to the president of Ukraine
GMT 22:04 2013 Thursday ,01 August
British Forward Thinking reacts against open letter of The Times
GMT 21:22 2015 Thursday ,28 May
Egypt to support Prince Ali bin al-Hussein in FIFA electionGMT 12:40 2011 Thursday ,15 December
Riham Abdel Ghafour\'s comeback
GMT 11:30 2015 Wednesday ,29 July
Japan artist battles public museum
GMT 02:21 2016 Sunday ,01 May
Results of Chinese Super League
GMT 15:08 2015 Thursday ,09 April
Why I quit my first 'real' job at 22 after only 2 months?
GMT 16:39 2017 Wednesday ,15 November
Aden Airport receives the first commercial flights
GMT 15:46 2017 Monday ,21 August
Qatar says 'no delays' on 2022 World Cup
GMT 13:45 2017 Saturday ,04 November
Al Khateeb travelled to Morocco for final
GMT 20:55 2017 Wednesday ,26 April
Iraqi Premier Meets Australian Counterpart
GMT 12:39 2016 Thursday ,06 October
Monfils, Kyrgios move to Japan Open quarters
GMT 06:01 2017 Sunday ,26 February
BRIC funds see inflows amid emerging equity boomGMT 08:04 2012 Friday ,02 March
Fear of Food: How anxiety influences eating habitsGMT 19:46 2012 Monday ,09 April
Bat-killer fungus likely came from Europe
GMT 12:34 2017 Saturday ,30 December
India likens crypto cash to Ponzi schemes
GMT 16:47 2017 Tuesday ,22 August
Dora says her role is different from her roles
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor