FILE PHOTO: The brand of Toyota is pictured in Cuautitlan Izcalli, Mexico, January 30, 2025
Raquel Cunha | Reuters
Japanese automaker Toyota Motor on Wednesday reported a second consecutive fall in quarterly revenue, because it navigates competitors in China and a market shift towards electrical automobiles.
Listed below are Toyota’s outcomes in contrast with estimates from analysts, compiled by LSEG.
- Income: 12.39 trillion yen vs. 12.1 trillion yen
- Working revenue: 1.22 trillion yen vs. 1.39 trillion yen
The world’s largest automaker by gross sales quantity noticed a almost 28% year-on-year drop in working revenue throughout the quarter ended December.
The outcomes mark Toyota’s second consecutive 12 months over 12 months decline in working revenue after the corporate noticed revenue fall 20% 12 months over 12 months within the earlier quarter.
Web earnings attributable to the corporate, nonetheless, jumped to 2.19 trillion yen from 1.36 trillion yen a 12 months in the past.
The automaker’s consolidated car gross sales for its monetary third-quarter dropped to 2.44 million from 2.55 million models a 12 months in the past.