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Business & Finance

Nissan posts 56% rise in Q4 operating profit

By : cd on 11 May 2023, 12:35     |     Source: reuters.com

Nissan

Japan’s Nissan Motor Co on Thursday posted a 56% rise in fourth-quarter operating profit to 87.4 billion yen ($647.17 million), missing analysts’ estimates slightly.

The result compared to an average estimate of 89.81 billion yen in a poll by 11 analysts by Refinitiv and a 56 billion yen operating profit the same period a year earlier.