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The Nexus
BUSINESSAug 4 · 13:10 UTCQUARTZCris Tolomia

Toyota's profit nearly doubled last quarter — but its stock sank anyway

Toyota's profit nearly doubled in the second quarter, reaching 1.48 trillion yen, and the company raised its full-year revenue forecast to 54 trillion yen. However, Toyota's stock price declined despite the positive financial results.

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Toyota's profit nearly doubled last quarter — but its stock sank anyway · The Nexus