Titanium Media App reported on August 11 that Toyota Motor released its financial report for the first quarter of fiscal year 2023 (April to June 2022). According to the financial report, the operating income in the first quarter of fiscal year 2023 was 8.49 trillion yen (about 427.1 billion yuan), a year-on-year increase of 7%; the net profit was 758.2 billion yen (about 38.374 billion yuan), a year-on-year decrease of 18.2%. %. Toyota said that in 2022, the impact of factors such as the epidemic, lack of parts, rising raw material prices and semiconductor shortages will lead to a downward trend in operating income. Despite the positive foreign exchange impact of the depreciation of the yen, turnover was consistently lower due to the lack of raw material supplies and rising prices.
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