Wednesday 30 July 2025 Abu Dhabi UAE
Prayer Timing
Today's Edition
Today's Edition
Business

Toyota forecasts 35% fall in net profit for 2025-26

Toyota forecasts 35% fall in net profit for 2025-26 (Photo by Kazuhiro NOGI / AFP)
8 May 2025 09:19

TOKYO (AFP) 

Japanese auto giant Toyota on Thursday forecast a 35 per cent year-on-year drop in net profit to 3.1 trillion yen ($21.6 billion) for the 2025-26 financial year.

"The estimated impact of US tariffs in April and May 2025 has been tentatively factored in," the world's top-selling automaker said in a statement.

Source: AFP
Copyrights reserved to Aletihad News Center © 2025