EUR/USD 1.15287
-0.180%
Gold 3435.39
0.091%
Oil 71.924
0.675%
USD/JPY 144.423
0.341%
GBP/USD 1.35383
-0.234%
GBP/JPY 195.528
0.105%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to Israeli media reports, a new round of missile attacks launched by Iran on Tel Aviv and Haifa in Israel killed seven Israelis and injured more than 132 people.Saudi Aramco CEO: History has proven that when conflicts occur, the importance of oil and gas cannot be underestimated. We are witnessing real-time threats to energy security.Market news: Irans missile attack caused the rupture of an oil pipeline in Tel Aviv, Israel.On June 16, CICC published a report, raising the target price of X.D. Inc. (02400.HK) by 51% to HK$55.5, with an investment rating of "outperforming the industry". CICC said that considering the outstanding overseas performance of "Isher" and "RO", the net profit attributable to the parent company in 2025/26 was raised by 21% to RMB 992 million/1.075 billion. The current share price corresponds to a 2025/26 P/E ratio of 19/17 times.On June 16, CICC published a report, adjusting Chow Tai Fooks (01929.HK) target price by 31% to HK$14.92, with an investment rating of "outperforming the industry". CICC pointed out that looking forward to the 2026 fiscal year, Chow Tai Fooks revenue guidance will achieve a low-to-mid-single-digit annual growth, and the gross profit margin may decrease by about 0.8-1.2 percentage points year-on-year due to the reduced contribution of gold price increases, but under continued cost control, the operating profit margin is expected to decrease by 0.6-1 percentage points year-on-year. Considering the companys continued operational improvement, CICC raised Chow Tai Fooks 2026/27 earnings per share forecast by 9%/9% to HK$0.83/0.91, and the current share price corresponds to 15/14 times the 2026/27 fiscal year price-earnings ratio.

Toyota's January Vehicle Output Rose 8.8% But Fell Short of Expectations

Charlie Brooks

Feb 27, 2023 14:06

微信截图_20230227140447.png


Toyota Motor (NYSE:TM) Corp increased its global vehicle production by 9% in January, the first increase in three months, but still fell short of its goal due to COVID-19-related part shortages.


Toyota, the world's largest automaker by volume, produced 689,090 vehicles worldwide in January, an increase of 8.8% compared to the same month the previous year. This was just short of the 700,000 vehicles the company had previously projected it would produce during the month.


This excludes output from its Daihatsu Motor Co. and Hino Motors Ltd. subsidiaries.


It was reported that domestic production increased by 30% to 211,572 vehicles. The chip shortage and COVID-19-related lockdowns negatively impacted last year's numbers.


It was reported that global sales dropped 5.6% to 709,870 vehicles due to the sustained impact of the chip shortage.

Suggestion