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Although the market expected a sharply negative on the bottom line success automaker Toyota quit the plus. In addition, increases now forecast for the year strongly.
Toyota Motor reported a profit after tax of 1.2 billion yen for the
split fiscal first quarter (190). Expected, was a profit after tax of
-69 billion yen, according to Bloomberg News forecast summary.
Net sales totaled 3,440 billion yen (4872). Expected, net sales of 3,200 billion yen.
Toyota trails a net profit of 390 billion yen for the full year 2011, up from earlier forecast of 280 billion yen.
Toyota also screwed up his intäktsprognos to 19,000 billion yen from the previous 18,600 billion.
Furthermore, traces the company an operating profit of 450 billion yen for the full year. Earlier estimate was 300 billion yen.
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