Mubasher: The Japanese Toyota Motor Corporation reported on Tuesday a 17% year-on-year increase in net profits in the third quarter of 2017 to JPY 481 billion ($4.2 billion).
Toyota’s operational profits grew to JPY 552.2 billion in Q3-17 versus JPY 474.6 billion in the comparative period of 2016, according to a company statement.
Revenue surged to JPY 7.1 trillion from July to September 2017, compared to JPY 6.5 trillion in the third quarter of 2016, Toyota releases.
The Japanese company rose the estimation of its profits in a full year to JPY 1.95 trillion from JPY 1.85 trillion.
