Market Overview

Toyota Reports Drop In H1 Net Profit

Share:

Toyota Motor Corp (NYSE: TM) reported a drop in its first-half net profit.

Toyota's net profit for the period declined to 81.5 billion yen (1.04 billion), from ¥289.1 billion, in the year-ago period. However, its profit for the July-September quarter fell 18.5% to ¥80.4 billion.

Toyota posted an operating loss of ¥32.6 billion for the March-September period, versus a year-ago operating profit of ¥323.1 billion.

Toyota shares gained 0.03% to $65.50 in pre-market trading.

 

Related Articles (TM)

View Comments and Join the Discussion!

Posted-In: EarningsEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com