Toyota Motor profit falls 18% to 5,421 ME in the first quarter of the fiscal year

Image: DR

Toyota Motor announced today that it made a profit of 736,800 million yen (5,421 million euros) between April and June, the first quarter of Japan’s fiscal year, down 17.9 percent from the same period last year.

The carmaker, based in Aichi, Japan, also made an operating profit of 578,655 million yen (4,258 million euros), down 42% compared to the same quarter last year.

It also said that turnover grew 7% year-on-year to 8.4 trillion yen (61,810 million euros), according to financial results released today.

Toyota is Angola’s leading brand in the automotive sector.

08/04/2022