Source Pravda.Ru

Record profits of Toyota

&to=http:// english.pravda.ru/comp/2002/09/26/37267.html ' target=_blank>Toyota today posted record full-year profits, matching analyst expectations despite a dip in earnings in the fourth quarter.

The world's largest carmaker by market value unveiled net profits of Ұ1,170 billion (£5.9bn) profit for the year to March, up 0.8 per cent from the previous year, as higher sales and cost cuts helped offset rising raw material costs and currency exchange losses.

Operating profit rose 0.3 per cent to Ұ1,672 billion, on revenue of Ұ18,550 billion, up 7.3 per cent, informs the Times Online. Citing Toyota executives, the paper also said Toyota planned to start making a hybrid version of the Camry sedan at a plant in Georgetown, Kentucky as early as 2006 as part of the company's plan to shift production of hybrid vehicles to North America.

Comments
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Is Putin guilty of the Kerch school massacre?
Is Putin guilty of the Kerch school massacre?
Putin blames globalisation for Kerch school shooting that claimed 21 lives
Russian opposition MPs accept pension reform without a fight
Russia delivers technologically advanced S-300 systems to Syria
"Nikki" Haley and the poisoner in the kitchen
US official lashes Europe for working on Nord Stream 2
Bill Clinton's Oval Office disgrace destroyed Yugoslavia
Russian opposition MPs accept pension reform without a fight
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Russian 'spies' Petrov and Boshirov say they work in fitness industry
Is Putin guilty of the Kerch school massacre?
Bill Clinton's Oval Office disgrace destroyed Yugoslavia