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  • Nissan triples profit forecast on strong quarterly results

Nissan triples profit forecast on strong quarterly results

The crisis-hit Japanese auto giant now projects 180 billion yen ($1.6 billion) in net profit for the fiscal year to March 2022. (File photo/AFP)
The crisis-hit Japanese auto giant now projects 180 billion yen ($1.6 billion) in net profit for the fiscal year to March 2022. (File photo/AFP)
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09 Nov 2021 05:11:43 GMT9
09 Nov 2021 05:11:43 GMT9

Nissan on Tuesday tripled its full-year net profit forecast as it continued its rebound from the impact of the pandemic with a strong quarterly performance.

The crisis-hit Japanese auto giant now projects 180 billion yen ($1.6 billion) in net profit for the fiscal year to March 2022, up from its earlier estimate of 60 billion yen.

AFP

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