Toyota Australia announces $236m profit

BY TIM NICHOLSON | 20th Jun 2016


- Toyota Australia has continued its financial recovery after heavy losses in 2014, announcing an after-tax profit of $236 million for the last Japanese financial year ending March 31.

- The positive result represents a 22 per cent increase over the 2014/15 financial year result of $194 million for the Japanese car-maker which recorded a massive $437 million loss in 2013/14, the year it announced it would close its Australian manufacturing operations.

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