Quartz·1 min read·medium
Toyota's profit nearly doubled last quarter — but its stock sank anyway
✦AI Summary
Toyota reported a significant profit increase to 1.48 trillion yen for the April-June quarter and raised its full-year revenue forecast. Despite these strong financial results, the company's stock price declined.
The automaker posted a 1.48 trillion yen net profit for April-June, raising its full-year revenue forecast to 54 trillion yen
businesseconomy
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