In this May 11, 2021, file photo, a man wearing a face mask to help curb the spread of the coronavirus walks by the logo of Nissan Motor Co.’s showroom in Tokyo. (AP Photo)
Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S. market.
The Japanese automaker says it expects to return to profit for the fiscal year through March 2022, with a 60-billion-yen ($545 million) profit. It had previously expected to sink into a 60-billion-yen annual loss.
“We have delivered a strong performance in the first three months of our new fiscal year,” said Nissan Chief Executive Makoto Uchida.
Japan s Nissan returns to profit, forecasts profit for year
seattlepi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seattlepi.com Daily Mail and Mail on Sunday newspapers.
Japan s Nissan returns to profit as sales improve, forecasts profit for year
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Japan s Nissan Reports USD 1 Billion Profit For April-June Quarter
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Nissan Returns to Profit
manufacturing.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manufacturing.net Daily Mail and Mail on Sunday newspapers.