Toyota quarterly net profit beats estimates despite chip shortage
February 09, 2022 / 8:46 AM
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Sharjah24 - AFP: Toyota on Wednesday logged a 791.7 billion yen ($6.8 billion) net profit for the three months to December, beating forecasts even as a global chip shortage led to production cuts.
The Japanese auto giant, which kept its crown as the world's top-selling carmaker in 2021, left its annual net profit forecast unchanged.
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