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JAPAN-AUTOMOBILE-EARNINGS-TOYOTA
Toyota net profit soars in Q3, hikes full-year outlook
TOKYO, Feb 10, 2021 (BSS/AFP) – Toyota said Wednesday that net profit soared 50 percent in the third quarter and upgraded its full-year forecast again as the global auto industry recovers from the pandemic.
Net profit came to 838.7 billion yen ($8.0 billion) in the three months to December, compared with 559.3 billion yen a year earlier, the world’s top carmaker said, revising up full-year forecasts for the second straight quarter.
BSS/AFP/MSY/1050 hrs