Tue, 01 Aug 2023 15:56:03 GMT
Toyota doubles profit
In the first quarter of 2023, Toyota Motor Corporation has managed to double its quarterly profit due to larger productivity and sales. In addition, the company's profits have increased due to the weak Japanese Yen, as costs are paid out in Yen, but most income is in foreign currency.
The news have caused a 2.30% jump of the company's stock