Toyota Industries H1 Profit Nearly Doubles to 181.38 Billion Yen on 20.6% Revenue Growth

Toyota Industries Corp. (TYIDY, 6201.T) reported Friday that first-half profit attributable to owners of the parent nearly doubled, rising 99.1 percent to 181.38 billion yen from 91.12 billion yen a year earlier, driven by strong revenue growth. Operating profit surged 280.2 percent to 142.68 billion yen from 37.53 billion yen, the company said. Net sales for the period climbed 20.6 percent to 2.48 trillion yen from 2.06 trillion yen last year.