Toyota Apr-Jun op profit to rise 23 percent-Nikkei

Newswire

TOKYO, July 29 (Reuters) - Toyoto Motor Corp. is set to report a group operating profit of about 500 billion yen ($4.36 billion) for the April-June quarter, up 23 percent from a year earlier, the Nihon Keizai Shimbun (Nikkei) said on Saturday. The increase was due to expanding overseas sales and a weaker yen, the newspaper said, without citing a source. Sales for the quarter rose about 10 percent to about 5.5 trillion yen, the paper added. Toyota could not immediately be reached for ...

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