JAPAN (updated): Toyota boosts Q3 net profit 94% year on year
Toyota Motor Corporation (TMC) said on Wednesday that net profit for its fiscal third quarter ended December 31, 2002 almost doubled to 216 billion yen from 111.4 billion yen in Q3, 2001. On a consolidated basis, net sales for the quarter totaled 4.18 trillion yen, an increase of 13.2 percent compared to the same period last year. Operating income increased 23.3 percent to 379.4 billion yen.
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