Toyota quarterly net profit beats estimates despite chip shortage | ABS-CBN
ADVERTISEMENT
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Business
Toyota quarterly net profit beats estimates despite chip shortage
Toyota quarterly net profit beats estimates despite chip shortage
Agence France-Presse
Published Feb 09, 2022 01:47 PM PHT
TOKYO - Toyota on Wednesday logged a 791.7 billion yen ($6.8 billion) net profit for the three months to December, beating forecasts even as a global chip shortage led to production cuts.
TOKYO - Toyota on Wednesday logged a 791.7 billion yen ($6.8 billion) net profit for the three months to December, beating forecasts even as a global chip shortage led to production cuts.
The Japanese auto giant, which kept its crown as the world's top-selling carmaker in 2021, left its annual net profit forecast unchanged.
The Japanese auto giant, which kept its crown as the world's top-selling carmaker in 2021, left its annual net profit forecast unchanged.
More details to follow.
More details to follow.
RELATED VIDEO:
RELATED VIDEO:
ADVERTISEMENT
ADVERTISEMENT