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Featured Toyota financials look good

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by bwilson4web, Feb 6, 2024.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Source: https://www.reuters.com/business/autos-transportation/toyota-posts-76-jump-q3-operating-profit-2024-02-06/

    . . .
    The Japanese firm raised its profit forecast for the year ending March to 4.9 trillion yen ($33 billion) from 4.5 trillion expected previously. That is well above an average analyst forecast of 4.6 trillion yen, according to LSEG data.
    . . .
    Toyota's operating profit for the third quarter ended Dec. 31 was 1.68 trillion yen, beating the average 1.3 trillion yen profit estimate in a poll of nine analysts by LSEG.

    Hybrid sales soared 46%, contributing to an 11% rise in overall vehicle sales. Hybrids accounted for around a third of the total sales of more than 10 million vehicles of its Toyota and luxury Lexus brands last year.
    . . .     ​

    There is more speculations in the article that others might share.

    Bob Wilson
     
    #1 bwilson4web, Feb 6, 2024
  2. bisco

    bisco cookie crumbler

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    What do you make of their debt load?
     
    #2 bisco, Feb 6, 2024
  3. bwilson4web

    bwilson4web BMW i3 and Model 3

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    It is as good as their EVs.

    Bob Wilson
     
    #3 bwilson4web, Feb 7, 2024
    hill, 3PriusMike and bisco like this.
  4. vvillovv

    vvillovv Senior Member

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    without reading the linked page, it appears to me that CH might be overtaking US in financial importance, relatively. IBM legal might know more. Isn't global economics one of the most interesting subjects to analyze.
     
    #4 vvillovv, Feb 7, 2024
    Last edited: Feb 7, 2024
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