Toyota Reports $8.70 Billion Profit in 3 Months
Toyota Motor has reported a remarkable 17% rise in its operating profit for the first quarter, reaching 1.3 trillion yen ($8.70 billion). This surge is largely due to the advantages of a weaker yen and effective cost-cutting initiatives. In comparison, the operating profit for the same period last year was 1.1 trillion yen. The current…