08 May 2024, 11:35

Toyota posts record yearly net income, revenue

TOKYO, May 8, 2024 (BSS/AFP) - Toyota said Wednesday that it enjoyed a record net profit of 4.94 trillion yen ($31.9 billion) in the year to March on revenues of 45.1 trillion yen, which was also an all-time high.

But the world's largest automaker by sales warned net income would fall 27.8 percent this financial year to 3.57 trillion yen, according to a statement.

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