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Toyota's quarterly profit up 10 pct on cheap yen, cost cuts

2015-08-04 09:39:14| Automakers - Topix.net

Toyota's profit for April-June rose 10 percent on perks from a cheap yen and cost reduction efforts that offset lower vehicle sales. Toyota Motor Corp. had a fiscal first quarter profit of 646.3 billion yen , up from $587.7 billion a year earlier.

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