Toyota cites ‘unprecedented’ costs for pessimistic outlook - BusinessTech
5/11/2022 12:00:00 AM3 yearsago
by https://www.facebook.com/BusinessTechSA
by https://www.facebook.com/BusinessTechSA
Toyota Motor Corp forecast a 20% decline in operating profit for the current fiscal year despite posting robust annual car sales, citing an “unprecedented” rise in costs for logistics and raw materials that are negating the benefits of a depreciated yen.
Toyota Motor Corp forecast a 20% decline in operating profit for the current fiscal year despite posting robust annual car sales, citing an unprecedented rise in costs for logistics and raw materials… [+3594 chars]
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