TOKYO: Japanese car giant Toyota Tuesday reported a rise in first-half net profit and raised its forecast for the whole year, citing a cheaper yen and cost-cutting efforts.
Japan’s number-one carmaker said its net profit rose 13.2 percent to 1.07 trillion yen ($9.4 billion) for the six months to September on sales of 14.2 trillion yen, up 8.6 percent.
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