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Home » Toyota quarterly profit climbs on weak Yen, strong US sales

Toyota quarterly profit climbs on weak Yen, strong US sales

Analysts project the carmaker will post record profit this year of ¥5.3 trillion

Bloomberg NewsbyBloomberg News
September 18, 2024
in Earnings
Reading Time: 2 mins read
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Signage on the exterior of the Toyota Motor Manufacturing Czech Republic s.r.o. plant in Kolin, Czech Republic

© 2023 Bloomberg Finance LP, Photographer: Milan Jaros/Bloomberg

Toyota Motor Corp.’s profit climbed in the latest quarter after a weak yen and robust demand in North America boosted sales. . Operating profit was ¥1.31 trillion ($8.7 billion) for the April-June period, up 17% from a year earlier, the world’s biggest carmaker said Thursday. . That was mostly in line with the ¥1.32 trillion […]

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