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Toyota H1 net profit surges 82.5% to $10.14 bn

AFP | Last Updated: Wednesday, November 6, 2013 - 12:05

Tokyo: Toyota said Wednesday that its half-year net profit soared 82.5 percent to USD 10.14 billion while raising its annual earnings forecast as a weak yen and improving sales in North America helped boost its bottom line.

The world`s biggest carmaker said it earned 1.0 trillion yen (USD 10.14 billion) on revenue of 12.53 trillion yen, up 14.9 percent on year. It also raised its full year to March profit forecast to 1.67 trillion yen, up from 1.48 trillion yen previously.

First Published: Wednesday, November 6, 2013 - 12:04
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