Toyota net profit beats forecast | The Malaysian Insight

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Toyota net profit beats forecast

Toyota reports ¥2.45 trillion in net profit for the fiscal year, down 14% from a year earlier but still beating its projections of ¥2.36 trillion. – EPA pic, May 10, 2023.

TOP-SELLING carmaker Toyota said today that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease. The Japanese firm reported ¥2.45 trillion in net profit for the fiscal year, down 14% from a year earlier but still beating its projections of ¥2.36 trillion.

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