Toyota Raises Profit Outlook To Record 2.4 Trillion Yen

(MENAFN- Qatar News Agency) Toyota Motor Corp. on Tuesday revised upward its group operating profit projection for fiscal 2013 through March to a record 2.4 trillion yen from an earlier estimated 2.2 trillion yen, boosted by the yen's slide and cost-cutting measures.



The full-year operating profit estimate eclipses the previous record of 2.27 trillion yen marked in fiscal 2007 before the global financial crisis that erupted in 2008, (Kyodo) news agency reporte



Japan's top automaker also raised its group net profit estimate for the business year to 1.9 trillion yen, up from the previously projected 1.67 trillion yen, on sales of 25.5 trillion yen, up from 25 trillion yen forecast in Novembe