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HomeMarketNissan posts 45% rise in Q2 operating profit By Reuters

Nissan posts 45% rise in Q2 operating profit By Reuters

© Reuters. FILE PHOTO: A man walks in front of the Nissan logo at Nissan Gallery in Yokohama, Japan November 29, 2021. REUTERS/Androniki Christodoulou
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TOKYO (Reuters) – Nissan (OTC:) Motor Co on Wednesday posted a 45% rise in second-quarter profit, beating analysts’ estimates.

The Japanese automaker reported 91.7 billion yen ($629.51 million) in operating profit for the three months to end-September, versus an average 88.23 billion yen profit estimate of 11 analysts, according to Refinitiv data.

A year earlier the company earned 63.4 billion yen.

($1 = 145.6700 yen)

Story Credit: investing.com

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