Nissan Forecasts 50 Billion Yen Profit After Revision
Nissan Motor has revised its fiscal year outlook to an operating profit of 50 billion yen. This update replaces a previous estimate of a 60 billion yen loss.
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NISSAN MOTOR CO LTD is set to significantly upgrade its financial outlook for the fiscal year that concluded in March, shifting from a projected deficit to a profitable result. According to a report by public broadcaster NHK on Monday, the automaker is preparing to announce an operating profit of 50 billion yen, equivalent to approximately $313.89 million based on current USD/JPY exchange rates.
