TOKYO — Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen as sales grew in all major global markets except China, the Japanese automaker said Thursday.For the January-March quarter, profit at Nissan, based in the port city of Yokohama, edged down slightly to 101.3 billion yen from 106.9 billion yen.
“We will do this step by step with a balanced product portfolio and by implementing optimal business strategies,” he told reporters. In March, Nissan and domestic rival Honda Motor Co. said they will work together in developing electric vehicles and auto intelligence technology. When asked by a reporter, Uchida said he could not comment yet beyond the announcement.
But Nissan played down the perk, stressing a steady exchange rate was desirable. The cheap yen boosted Nissan’s operating profit for the fiscal year ended in March by nearly 13%.
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Japanese automaker Nissan reports 92% jump in profit as sales surgeNissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China.
Source: wjxt4 - 🏆 246. / 63 Read more »
Japanese automaker Nissan reports 92% jump in profit as sales surgeNissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China.
Source: ksatnews - 🏆 442. / 53 Read more »
Japanese automaker Nissan reports 92% jump in profit as sales surgeNissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China
Source: ABC - 🏆 471. / 51 Read more »
Japanese automaker Nissan reports 92% jump in profit as sales surgeNissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China. Nissan reported Thursday annual sales surged nearly 20%. Quarterly profit edged down slightly, while quarterly sales rose 13%.
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