Toyota profit up

TOKYO: Toyota on Tuesday said quarterly net profit jumped 10 per cent from a year earlier and raised its fiscal-year revenue forecast but warned over prospects in China. The company reported net profit of 646 billion yen in the three months to June, beating analyst expectations, while revenue rose 9.3 per cent to 6.98 trillion yen. Its vehicle sales, however, were slightly lower in the period and it trimmed its 2015 calendar year sales forecast to 10.12 million vehicles from 10.15 million units.