Stock Market News

Toyota posts 20% drop in Q2 operating profit

11/06/2024

Less than a minute

2024.11.06 00:05

TOKYO (Reuters) – Toyota Motor (NYSE:) posted a 20% decline in second-quarter profit on Wednesday, as slowing sales and production volume hurt results.

© Reuters. Employees work on the Yaris car assembly line at the Toyota Motor Manufacturing France (TMMF) plant in Onnaing near Valenciennes, France, March 30, 2023. REUTERS/Pascal Rossignol/ File Photo

The 1.2 trillion yen ($7.81 billion) operating profit compared to 1.4 trillion yen in the same period last year, and the 1.2 trillion yen average of nine analyst estimates compiled by LSEG.

($1 = 153.7100 yen)

11/06/2024

Less than a minute

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