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

Topics:  tokyo ap     japanese   nissan motor co   january-march   newsok   profit   materials   costs   strong yen   billion   

 

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