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Toyota Motor Co., Japan's largest automaker, said Tuesday its operating profit for the second quarter of this year had risen 10.9 percent year-over-year to 579.2 billion yen. ($ 5.1 billion) In Asia.
The Japanese company achieved a net profit of 585.1 billion yen compared to the same period last year, up 27.6% year-on-year, while sales rose 2.3% to 7,300 billion yen.
In the second quarter of the current fiscal year, the company's sales in Asia increased by 9.1% to reach 417,000 vehicles, while sales in North America decreased by 1%, for sales in the United States. to establish at 665,000.
At the same time, strong sales and cost reduction measures allowed the company's operating profit forecast for the current fiscal year to grow from 2,300 billion yen to 2,300 billion yen in August.
The company also raised its net profit guidance for the full year, from JPY 2,200 billion to JPY 2,300 billion, according to previous forecasts, while sales forecasts reached JPY 29,500 billion. against 29 trillion yen in August.
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