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06 Feb
14:43

Toyota net profit surges on HEV sale boost

Japanese automotive giant Toyota Motor Corporation reported Tuesday a surge in its net profit during the first nine months of financial year 2024, boosted by sales of hybrid electric vehicles (HEVs). The carmaker recorded a total sales revenue of JPY 34.02 trillion ($229.12 billion) in the period, compared to JPY 27.46 trillion a year earlier. The jump contributed to a net profit attributable to shareholders of JPY 3.94 trillion, up from JPY 1.89 trillion in 9M F…
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