Strong Yen Takes A Toll On Nissan Profits - Down 19.7% For Q2

Agent009 submitted on 7/26/2012 Auto Spies Photos Timestamp: 10:40:43 AM

Views : 5,922 | Category: Misc News | Source: | SOURCE: www.autonews.com

SHARE THIS ARTICLE

Nissan posted a 19.7 percent drop in quarterly operating profit on Thursday as the effect of a strong yen outweighed solid global vehicle sales.

Japan's biggest automaker after Toyota posted an operating profit of 120.7 billion yen ($1.5 billion, 1.2 billion euros) for the April-June period, lower than the average estimate of 142.5 billion yen from six analysts polled by Reuters.

 


Read Article


Strong Yen Takes A Toll On Nissan Profits - Down 19.7% For Q2

About the Author

Agent009

"Normal is an illusion. What's normal for the spider is chaos for the fly."

— Agent009 (View Profile)