Profit

Published: Aug. 6, 2020 at 2:34 a.m. ET Toyota Motor Corp. said Thursday that its first-quarter net profit slumped 74%, as the coronavirus pandemic hit sales around the world. The Japanese auto maker said it booked net profit of 158.84 billion yen ($1.50 billion) for the quarter ended June, compared with net profit of Y619.13…

Hong Kong (CNN Business)Samsung (SSNLF), the world’s largest smartphone maker, predicts its profit jumped more than 20% last quarter, suggesting that the company has managed to withstand the fallout from the coronavirus pandemic. The South Korean conglomerate said on Tuesday that it expects to make an operating profit of roughly 8.1 trillion won ($6.8 billion)…


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