Toyota: H1 net profit surges 82.5% to $10.14bn, boosts outlook
Arab Today
Toyota said Wednesday that its half-year net profit soared 82.5 percent to $10.14 billion while raising its annual earnings forecast as a weak yen and improving sales in North America helped boost its bottom line. The world's biggest carmaker said it earned 1.0 trillion yen ($10.14 billion) on revenue of 12.53 trillion yen, up 14.9 percent on year. It also raised its full year to March profit forecast to 1.67 trillion yen, up from 1.48 trillion yen previously.
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