The manufacturer Japanese Toyota earned last fiscal year – ended March 31 -. a net profit of 18,667 million euros, 6.4% more than in the previous year
the manufacturer Japanese indicated in a statement, which had an operating profit of 23,026 million euros, an increase of 3.8% per year, noting that turnover increased 4.3% to ¥ 28.4 billion (229.442 million euros ).
Despite the increase, car sales fell 3.2% to 8.68 million units sold worldwide.
the fall was due to ” weak demand “in China and other emerging economies in Asia and in Japan, which is the second largest market after the United States.
the US market was the only one in which the Japanese manufacturer put more vehicles than in the previous year, with a total of 2.83 million units sold, an increase of 4.5%.
Despite the general decline in sales, Toyota was able to improve its operating results, thanks to efforts to reduce costs and the weakness of the yen against the dollar and other favorable exchange rates.
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