JAPAN: Toyota profit up over 30%
Net profit at Toyota Motor rose over 30% in the latest financial year thanks to strong sales in Japan and the United States, Associated Press (AP) reported. Toyota today announced a 615.8 billion yen ($US4.8 billion) profit for the financial year ending in March, up from 471 billion yen a year ago, AP said. Sales of 15 trillion yen ($118 billion) were the company's best ever and up 12% from 13 trillion yen the previous year, the news agency added.
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