Tuesday, September 16, 2014   

Toyota quarterly profit down
(05-08 17:28)

Toyota's fourth quarter profit dropped slightly despite higher vehicle sales and a weak yen as it spend more on research and development.
Toyota Motor Corp. reported Thursday a January-March profit of 297 billion yen, down from 313.9 billion yen a year earlier.
Quarterly sales rose 12.5 percent to 6.57 trillion yen.
The world's top automaker said extra costs, including research and development expenses, reduced its profit.
For the fiscal year, Toyota's profit almost doubled to 1.82 trillion yen from 962 billion yen the previous year.
Annual sales jumped 16 percent to 25.69 trillion yen, thanks to growth in the US, Japan and the rest of Asia.
Toyota forecast a 1.78 trillion yen profit for the fiscal year through March 2015. --AFP   
Other Business breaking news:
German investor optimism down on concerns of Ukraine, Scotland (09-16 18:22)
UK inflation slows in August (09-16 17:28)
Japan, China, SKorea finance chiefs to hold talks this week (09-16 17:00)
Hang Seng ends lower in shortened trade (09-16 16:19)
European stocks markets down at open (09-16 15:27)
Nikkei ends lower (09-16 14:26)
China's overseas investment soars as FDI drops again (09-16 11:46)
Tools available to remove U2 album from iTunes (09-16 10:57)
Nikkei down by break (09-16 10:49)
Bank of China to clear yuan transactions in Paris (09-15 18:28)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.