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POST TIME: 4 August, 2021 05:32:08 PM / LAST MODIFIED: 4 August, 2021 05:36:13 PM
Toyota Q1 net profit rockets to $8.2 bn, forecast unchanged
BSS/AFP, TOKYO

Toyota Q1 net profit rockets to $8.2 bn, forecast unchanged

Toyota said Wednesday that net profit jumped more than 460 percent in the first quarter, boosted by strong sales fuelled by the recovery from the coronavirus crisis.

The world's top-selling automaker logged a 897.8 billion yen ($8.2 billion) net profit for the three months to June, up from 158.8 billion yen in the same period last year, but left its full-year forecast unchanged.

HM