Toyota Sees Lower Annual Operating Profit On Higher Yen

www.oann.com | 2/7/2018 | Staff
elio25 (Posted by) Level 3
TOKYO (Reuters) – Toyota Motor Corp on Wednesday forecast a 4.2 percent slide in operating profit for the current financial year, as it expects a stronger yen to offset slightly higher global vehicle sales and cost reductions.

Japan’s biggest automaker expects operating profit to ease to 2.3 trillion yen (convert) in the year to March 2019, slightly higher than a median forecast for 2.19 trillion yen from 23 analysts polled...
(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!