Profits boost for Toyota

Toyota’s quarterly profit tripled, driven by a recovery from natural disasters, and the company raised its full-year earnings forecast despite a sales slump in China.

Profits boost for Toyota
Mon, 05 Nov, 2012 - 09:46

Toyota’s quarterly profit tripled, driven by a recovery from natural disasters, and the company raised its full-year earnings forecast despite a sales slump in China.

On Monday, the firm reported a July-September net profit of JPY257.9bn (€2.49bn) compared with JPY80.4bn (€0.77bn) profit a year earlier.

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