nissan sees quarterly profit slide after quake
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Nissan sees quarterly profit slide after quake

Arab Today, arab today

Arab Today, arab today Nissan sees quarterly profit slide after quake

Tokyo - AFP

Japanese automaker Nissan on Wednesday said net profit in the April-June quarter fell 20.3 percent on-year due to the impact of the devastating March 11 disasters on production and a strong yen. The quarter saw heavy production disruptions after the earthquake and tsunami triggered parts and power supply shortages. Nissan posted a net profit of 85 billion yen ($1.04 billion according to Nissan's average rate) in the period. It posted an operating income of 150.4 billion yen, down 10.4 percent year-on-year as the strong yen weighed on profitability. Nissan retained an earlier forecast for an annual net profit of 270 billion yen. Globally, Nissan sold a total of 1,056,000 vehicles in the first quarter of fiscal year 2011, up 10.6 percent compared to the same period in fiscal 2010. "Our rapid recovery from the natural disasters in March once again shows the power of Nissan in responding effectively and decisively to crisis," said Nissan President and CEO, Carlos Ghosn in a statement, "despite strong headwinds such as foreign exchange and rising raw material costs".

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nissan sees quarterly profit slide after quake nissan sees quarterly profit slide after quake

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nissan sees quarterly profit slide after quake nissan sees quarterly profit slide after quake

 



GMT 12:48 2016 Sunday ,27 November

Cilic, Dodig push Croatia to brink of Davis Cup

GMT 05:24 2017 Thursday ,28 December

Erdogan says 'terrorist' Assad cannot be part of Syria

GMT 12:59 2016 Saturday ,05 November

WB welcomes economic reforms in Egypt

GMT 18:40 2016 Saturday ,05 November

Egyptian GDRs in London down

GMT 10:57 2017 Wednesday ,06 December

Peru striker Guerrero has doping ban extended

GMT 17:51 2017 Tuesday ,07 March

Trump Signs New Travel Ban on Six Muslim Countries

GMT 10:30 2017 Wednesday ,06 September

Saudi Information Ministry praises media role during Hajj

GMT 15:29 2017 Tuesday ,24 January

Mind games really do help your brain

GMT 06:55 2015 Thursday ,01 October

Boston Red Sox beat Yankees

GMT 08:17 2017 Monday ,28 August

Bahrain celebrates World Humanitarian Day 2017

GMT 02:07 2017 Tuesday ,28 February

Opposition seeks Russian support at Syria talks
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday