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Nissan posts 44% drop in quarterly operating profit
- The results compared with an average estimate of an 81 billion yen loss in a survey of six analysts by LSEG and a 31.1 billion yen profit
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TOKYO: Nissan Motor reported a 44% fall in third-quarter operating profit to 17.5 billion yen ($114.37 million) on Thursday, as the struggling Japanese automaker faced heavy competition in markets such as the US and China.
The results compared with an average estimate of an 81 billion yen loss in a survey of six analysts by LSEG and a 31.1 billion yen profit in the same period a year earlier.
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