Nissan books operating profit for fourth quarter in a row
Japan’s national flag is reflected on a logo of Nissan Motor Co. at its headquarters in Yokohama, Japan, May 13, 2026. REUTERS/Kim Kyung-Hoon
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
YOKOHAMA, Japan, Aug 3 : Nissan reported an operating profit for a fourth consecutive quarter on Monday, as improvements in controlling costs and a weaker yen offset lower sales volumes globally and higher raw material prices.
Operating income for the three months ended June totalled 77.9 billion yen ($497 million), compared with a median forecast of 7.5 billion yen profit in a poll of eight analysts surveyed by LSEG and a 79.1 billion yen loss in the same period a year earlier.
Japan’s fourth-largest automaker maintained its operating profit forecast for the full year at 200 billion yen.
($1 = 156.7500 yen)
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
