Comment on Nissan profit hit by strong yen, higher materials, R&D costs

Nissan profit hit by strong yen, higher materials, R&D costs

TOKYO (AP) — Japanese automaker Nissan Motor Co.'s profit fell 32 percent in the last quarter from a year earlier as a strong yen, rising raw materials costs and research expenses bit into earnings. The company said Monday that its January-March profit was 168.8 billion yen ($1.5 billion), down from 249 billion yen last year.Read more on NewsOK.com

 

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