Employees work on the Yaris car assembly line at the Toyota Motor Manufacturing France (TMMF) plant in Onnaing near Valenciennes, France, March 30, 2023. REUTERS/Pascal Rossignol/ File Photo

Toyota posts 20% drop in Q2 operating profit

· CNA · Join

TOKYO : Toyota Motor posted a 20 per cent decline in second-quarter profit on Wednesday, as slowing sales and production volume hurt results.

The 1.2 trillion yen ($7.81 billion) operating profit compared to 1.4 trillion yen in the same period last year, and the 1.2 trillion yen average of nine analyst estimates compiled by LSEG.

($1 = 153.7100 yen)

Source: Reuters

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