Toyota Posts Rise In Q3 Profit, Lifts Outlook
Toyota Motor (NYSE: TM) reported a rise in its third-quarter net profit.
Toyota's quarterly profit surged to ¥525.46 billion ($5.21 billion), from a year-ago profit of ¥99.91 billion.
Its total revenue climbed to ¥6.585 trillion from ¥5.318 trillion.
Toyota lifted its outlook for net income to ¥1.90 trillion yen for the fiscal year ending March 31.
Toyota shares closed at $112.75 yesterday.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.