Toyota Motor publishes almost 28% falls into the operational gain of the third quarter, missing estimates

Japanese car manufacturer Toyota motor on Wednesday reported A second consecutive fall in quarterly profits, since it sails for competition in China and a market change to electric vehicles.

Here are the results of Toyota compared to the estimates of analysts, compiled by LSE.

• Income: 12.39 billion yen vs. 12.1 billion yen
• Operating benefit: 1.22 billion yen vs. 1.39 billion yen

The world largest car manufacturer By sales volume he saw a Almost 28% year -on -year drop in operational gains during the quarter ended in December.

The results mark the second consecutive decrease of Toyota year after year in operational profits after the company saw the profits fall 20% year after year in the previous room.

However, the net income attributable to the company increased to 2.19 billion yen of 1.36 billion yen a year ago.

The sales of consolidated vehicles of the car manufacturer for its third financial quarter fell to 2.44 million 2.55 million units a year ago.