Will Toyota's profit growth really slow to a near standstill?Ian Rowley
Toyota delivered another set of bumper results today in Tokyo, comfortably beating targets set in February. The figures are startling. Sales for the year ended March (Toyota’s financial year) rose 13.8% to $199.9 billion. Operating profits grew even more, rising 19.2% to $18.7 billion. Net profits came in 20% higher at $13.7 billion, which works out at roughly $1,500 for every car sold. Nice work.
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