Toyota Logs Nine-month Profit Gain, Upgrades Annual Forecasts

Fahad Shabbir (@FahadShabbir) Published February 06, 2020 | 12:12 PM

Toyota logs nine-month profit gain, upgrades annual forecasts

Japanese car giant Toyota on Thursday reported gains in net profit and sales in the nine months to December thanks to cost-cutting efforts, and upgraded its full-year profit forecast

Tokyo, (UrduPoint / Pakistan Point News - 6th Feb, 2020 ) :Japanese car giant Toyota on Thursday reported gains in net profit and sales in the nine months to December thanks to cost-cutting efforts, and upgraded its full-year profit forecasts.

The maker of the Camry sedan and Prius hybrid said net profit for April-December jumped 41.4 percent from a year earlier to 2.0 trillion Yen ($18 billion).

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