|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

Toyota Motor Profit Jumps 40.5% for April-December

TOKYO – Japanese carmaker Toyota Motor Corp said on Tuesday its net profit increased 40.5 percent year on year to 2.013 trillion yen ($18.42 billion) for the period April to December 2017, thanks to a good showing in the domestic market.

In the period, which marks first nine months of the Japanese fiscal year, Toyota posted an operating profit of 1.77 trillion yen, a 13.8 percent jump year on year, according to the financial report published by the company.

The manufacturer, based in Aichi in central Japan, posted a turnover of 21.79 trillion yen, an 8.1 percent jump compared to the same period last year.

Worldwide sales grew 0.52 percent year on year in the period between April and December, during which the company sold 6,678,000 units of various brands of the group, which includes subsidiaries Daihatsu Motor and Hino Motor.

The company performed especially well in the Japanese market, with local sales ascending to 1,639,000, a 1.6 percent rise compared to last year.

Overseas sales also grew 0.17 percent in this period, to reach 5,039,000 units, although in the United States – Toyota’s biggest market – sales dropped by 0.6 percent to 2,132,000 vehicles.

The carmaker expects worldwide sales to reach 8,950,000 units in the current fiscal year ending in March.

The company published its forecasts for the current financial year, upgrading it to a record net profit of 2.4 trillion yen, expecting the exchange rate to be favorable.

The biggest Japanese manufacturer in the automobile sector is expecting its operating profit to grow 10.3 percent and reach 2.2 trillion yen, while forecasting its sales revenue to jump by 5.1 percent to reach 29 trillion yen, according to company estimates.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved