Toyota to report 1 pct net rise for 04/05-paper

Newswire

TOKYO, April 27 (Reuters) - Toyota Motor Corp. will likely report a 1 percent rise in net profit when it releases 2004/05 earnings in May, the Nihon Keizai Shimbun reported. Group net profit at the world's second-biggest auto maker is expected to be a record 1.17 trillion yen ($11.02 billion) for the year ended March 31 on sales of 18.2 trillion yen, up 5 percent from a year earlier, the business daily said. The net profit figure is below the consensus forecast of 1.19 trillion yen in a ...

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