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وكالة الأنباء القطرية
Toyota Q1 profits rise 75.6 percent
Toyota achieved a net profit of 1.48 trillion yen ($9.4 billion) in the first quarter of the current fiscal year, representing a 75.6% increase compared to the same period last year, due to the weakness of the Japanese yen. Despite the profit increase, operating profits declined by 8.8% to 1.06 trillion yen, and sales rose by 10.4% to 13.53 trillion yen. However, group vehicle sales decreased by 4.1% to 2.71 million cars, affected by tensions in the Middle East. Toyota has raised its forecast for net profit for the fiscal year to 3.25 trillion yen, with expected sales increasing to 54 trillion yen, despite anticipating a decline in profits compared to the previous year.
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