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 MoreGMT 23:28 2011 Friday ,25 November
Moenchengladbach go top in Germany
GMT 07:59 2017 Saturday ,09 December
Yemeni legitimacy troops managed to achieve advance
GMT 13:22 2018 Tuesday ,11 December
Mega-trends 2018: Reduced influence of international organizationsGMT 08:59 2012 Friday ,19 October
2 soldiers die after army Shell strikes weapon depot in Sanaa
GMT 03:29 2014 Saturday ,14 June
Batmobile revs up action in 'Arkham Knight' video game
GMT 11:10 2016 Saturday ,31 December
Thomas scores career-high 52GMT 01:16 2012 Saturday ,08 September
Counting down the days until school starts
GMT 03:12 2017 Thursday ,13 April
Resident rescued from Oman house fireGMT 16:53 2011 Thursday ,12 May
Queen Elizabeth\'s is second-longest reign
GMT 06:54 2018 Sunday ,14 January
Trump language on Africa unacceptable, racist
GMT 07:15 2018 Thursday ,11 January
Syrian opposition wants US to weigh in and counter Russia
GMT 21:48 2017 Sunday ,02 July
300 Daesh militants storm into Philippines school, take students hostages
GMT 15:34 2018 Monday ,08 January
ACWA Power plans three solar projects in Egypt
GMT 20:11 2017 Tuesday ,18 July
Cairo police arrest robbers of Banque Misr exchange company
GMT 04:24 2017 Monday ,17 April
EU foreign policy chief to visit India; to push for free trade talks
GMT 09:48 2017 Wednesday ,08 March
3 killed, 66 injured in Afghan capital military hospital terrorist attackGMT 15:10 2011 Sunday ,05 June
Eagleburger, US hails top diplomat dead at 80GMT 13:39 2012 Monday ,19 November
\'Zewail City claims not legitimate\'GMT 05:32 2012 Wednesday ,13 June
China to open more of Great Wall
GMT 15:04 2017 Wednesday ,18 January
Michel Houellebecq's mother didn't love himGMT 16:08 2011 Saturday ,30 April
Libyan leader ready for ceasefire but refuses to leave
GMT 13:07 2017 Monday ,25 September
CAPRICORN (December22nd-January20th)
GMT 10:58 2017 Tuesday ,31 October
Seven dead as Israel blows up tunnel from Gaza
GMT 10:23 2017 Monday ,13 February
Race for kilowatts empties Bosnian lake
GMT 14:03 2017 Thursday ,08 June
Agricultural lands one national security
GMT 07:53 2014 Thursday ,25 December
Clashes reported in 3 Turkish universities
GMT 11:27 2013 Monday ,05 August
Islamic heritage exhibition? opens in IraqGMT 13:42 2012 Tuesday ,03 July
Diversity, Minus the TokenismGMT 02:12 2012 Friday ,27 January
Tod’s No_Code Collection
GMT 20:19 2017 Saturday ,06 May
Hamas elects Haniya as new chief of Islamic movementGMT 17:58 2011 Wednesday ,10 August
Ghanaian Barusso attacked by Roma fans
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor