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5/12, 6:32 AM (Source: TeleTrader)
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Toyota Q4 sales revenue up 11% YoY, reaches $70.6B

Toyota Motor Corporation unveiled on Wednesday that its sales revenue for the fourth quarter of 2021 climbed to ¥7.69 trillion ($70.62 billion) increasing 11% when compared to the same period last year. The quarterly operating income was ¥689.8 billion ($6.34 billion) surging 91% per annum. For the same period, the company's attributable net income amounted to ¥777.1 billion ($7.13 billion).

For the entire fiscal year, the auto manufacturer's sales revenue dropped 8.9% year-over-year from ¥29.86trillion ($274 billion) to ¥27.21 trillion ($250 billion). Meanwhile, the yearly net income attributable to the company was ¥2.25 trillion ($20.62 billion) an increase of 10.8%, while the diluted earnings per share for the year were ¥794.67 ($7.30) up from the previous year's ¥720.10 ($6.61)

The automaker's shares were 1.23% up after the release of the report selling for ¥8,449.

Breaking the News / OL