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Toyota Australia announces $236m profit

Hi achiever: One of Toyota's most popular models is the HiLux ute which arrived in new-generation guise in October last year.

Profit continues to build for Toyota Australia as manufacturing exit looms

Toyota logo20 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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