Toyota cruises back to profit in latest quarter
Toyota cruises back to profit in latest quarter
TOKYO: Toyota cruised back to profit in the latest quarter as the world’s top carmaker cut costs and hitched a ride on the global auto sales recovery while fighting to salvage its reputation for quality. Toyota Motor Corp said yesterday that January-March profit totalled 112 billion yen (100 yen = RM3.44) compared with a 766 billion yen loss the year before. Quarterly revenue jumped to 5.28 …
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