Toyota Pakistan profit doubles in first half of FY2021 ...palestine

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Toyota Pakistan profit doubles in first half of FY2021
The Indus Motor Company, commonly known as Toyota Pakistan, saw its profit increase by 108% in the first half of the fiscal year 2021 (July to December 2020). It stood at Rs4.8 billion as compared to Rs2.3 billion the previous year. The increase in profit came due to an increase in sales volume. The company sold an additional 82% units during the period as compared to the same period last year. It sold 26,362 cars against 14,453 vehicles sold during the same period last year. The IMC share in the market stood at approximately 24.7% for the half year that ended on December 31, 2020. Toyota cars are the second most selling cars in the country after Suzuki.    The company’s net sal

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