Business & Finance
Nissan sees quarterly profit slide after quake
TOKYO : Japanese automaker Nissan on Wednesday said net profit in the April-June quarter fell 20.3 percent on-year to 85
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TOKYO: Japanese automaker Nissan on Wednesday said net profit in the April-June quarter fell 20.3 percent on-year to 85 billion yen in the wake of the devastating March 11 earthquake and tsunami.
It posted an operating income of 150.4 billion yen ($1.9 billion), down 10.4 percent year-on-year, and retained an earlier forecast for an annual net profit of 270 billion yen.
Copyright APP (Associated Press of Pakistan), 2011
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