Toyota’s global earnings for nine months dive by 30%

By MG News | February 06, 2019 at 12:52 PM GMT+05:00

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February 6, 2019: Japanese car giant Toyota slashed its full-year net profit forecast after profit tumbled by nearly 30 percent in the first nine months.

The maker of the Camry sedan and Prius hybrid now expects annual net profit of 1.87 trillion yen ($17 billion) instead of 2.3 trillion yen it projected three months ago.

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