Your current location:HOME >opinions >Toyota racks up booming profit, vows to invest to keep growth going 正文
TIME:2024-05-09 02:38:18 Source: Internet compilationEdit:opinions
TOKYO (AP) — Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicle
TOKYO (AP) — Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top automaker.
Toyota Motor Corp.'s annual profit totaled 4.9 trillion yen ($31.9 billion), up from 2.45 trillion yen the year before, while its sales jumped 21% to 45 trillion yen ($290 billion), the company said Wednesday.
The results exceeded Toyota’s own projection for a 4.5 trillion yen ($29 billion) profit, as its global sales surged to 9.4 million vehicles from 8.8 million vehicles in the previous fiscal year.
Sales of hybrids performed well, although Toyota stressed it was working hard to offer various kinds of electric vehicles, including battery EVs, plug-ins and fuel cell models.
A weak yen worked as a big plus for Toyota, which makes the Camry sedan, Prius hybrid and Lexus luxury models. The U.S. dollar cost an average of 145 Japanese yen during the last fiscal year, up from 135 yen in the year before, according to Toyota.
Inner Mongolia advances Three2024-05-09 02:33
Xi Focus: Xi Steers Import Expo into Global Platform for Sharing Chinese Opportunities2024-05-09 02:13
World Insights: China2024-05-09 01:59
Xi Focus: Xi Addresses CIIE, Calls for Joint Efforts for Bright Future of Openness, Prosperity2024-05-09 01:27
Africa seeks to make climate needs known on global stage2024-05-09 01:26
Xi Sends Congratulations to 31st Arab League Summit2024-05-09 01:17
China's used vehicle sales up in first 2 months2024-05-09 01:15
City Helps Women Find Jobs Near Home2024-05-09 01:05
Xi Congratulates Bob Dadae on Re2024-05-09 00:43
Xi Focus: Xi Calls for Scaling up Global Action on Wetlands Conservation As COP14 Opens2024-05-09 00:09
Chinese People Mourn Jiang Zemin2024-05-09 02:30
Xi Focus: 4 Key Takeaways from Xi's Diplomacy After CPC Congress2024-05-09 01:48
Xi Focus: Xi Addresses CIIE, Calls for Joint Efforts for Bright Future of Openness, Prosperity2024-05-09 00:43
China Focus: China Releases Measures to Optimize COVID2024-05-09 00:39
Xi Calls for Solidarity to Build Asia2024-05-09 00:38
Xi Sends Condolences to Indian President, PM over Bridge Collapse2024-05-09 00:27
Chinese yuan strengthens to 7.0947 against USD Monday2024-05-09 00:18
Xi Awards Friendship Medal to Vietnam's Communist Party Chief2024-05-09 00:10
China’s first zero2024-05-09 00:07
Xi Congratulates Russia2024-05-08 23:53