Toyoda Gosei Posts Rising Domestic Sales for Q1 on Back of Increased Automotive Production

Toyoda Gosei Co. Ltd. (TYO:7282) recently posted results showing increased sales revenue but decreased profits for the first quarter of fiscal 2019. The auto parts manufacturer’s sales revenue for the quarter came to 209.36 billion yen ($1.97 billion) – rising by 1.9 percent year-on-year – while operating profit was down 24 percent to 7.87 billion yen and net profit was…

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