Toyota's operating profits up 4.4 percent in Q2


(MENAFN) Toyota Motor Corp. said it posted operating profits of USD6.75 billion in the second quarter, a growth of 4.4 percent, marking an all-time high, Kyodo reported.

The automaker attributed the increase to strong sales in North America, which offset sluggish performance in Japan, where a sales tax hike reduced consumer sentiment.

The world's top-selling automaker's combined net profit rose 4.6 percent to USD5.73 billion on sales of USD62.28 billion, an increase of 2.2 percent, Toyota added.


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