Quartz·1 min read·easy
Nissan swings to its first quarterly profit in two years as cost cuts take hold
✦AI Summary
Nissan has reported a net profit of ¥3.8 billion for the April–June quarter, marking a significant turnaround from the ¥115.8 billion loss recorded during the same period last year. The company attributes this financial recovery to successful cost-cutting measures.
The Japanese automaker posted a ¥3.8 billion net profit for the April–June quarter, reversing a ¥115.8 billion loss from a year earlier
businesseconomy
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