Nissan earnings soar Carmaker’s net profit for Oct-Dec quarter up 56.8%, beats estimates


YOKOHAMA: Japan’s Nissan Motor Co beat analyst estimates by reporting its steepest quarterly profit gain in three years as a weaker yen made its export business more profitable and as sales improved in China, its biggest market.

Nissan, like compatriots Toyota Motor Corp and Honda Motor Co, has been clawing back sales in the world’s largest auto market since a Sino-Japanese territorial dispute led to Chinese consumers boycotting Japanese goods in September 2012.

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Business , Business , Nissan Motor , automotive , earnings

   

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