Toyota's profit for the three quarters fell twice

The largest Japanese automaker - Toyota is presented to the public financial report on its activities for three quarters of the 2009-2010 fiscal year that ended on December 31. The results are very disappointing - profit before tax of Japanese auto giant has fallen by more than half - 54.3% and amounted to 1.79 billion dollars, instead of 3.91 billion dollars received for the same period of the 2008-2009 fiscal year. Even more reduced operating profit - up to 577 million dollars, while last year it reached 2.44 billion mark in sales for Toyota this time fell by 19.6% to $ 150.85 in monetary billion. compared to 16.99 trillion yen (187.49 billion dollars) a year earlier. Note that the recent troubles of the company associated with the massive recall of vehicles in the U.S. due to a faulty gas pedal, and the further decline in sales is clearly negative impact on the financial performance of the first half of 2010.