Nissan reports net loss of nearly $1.5B in first half of FY2025, but eyes recovery [Yahoo! Finance]
NISSAN MOTOR LTD S/ADR (NSANY)
US:NASDAQ Investor Relations:
nissan-global.com/en/ir
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Source: Yahoo! Finance
Dive Brief: Nissan Motor Co. reported an operating profit loss of 27.7 billion yen ($180.7 million) in the first half of FY2025, a $430 million decline from the same period a year ago. The company said it was primarily owing to lower income, impairments and restructuring costs, according to its Nov. 6 earnings report Nissan reported global sales of 1.48 million units in the first half of FY2025, with net revenue reaching 5.6 trillion yen. But its net income loss for the period was 221.9 billion yen ($1.44 billion). Nissan's full-year net revenue is forecast to be 11.7 trillion yen. However, the company expects its operating profit will break even, excluding any further impact of U.S. tariffs, which are estimated to result in a full-year operating loss of nearly $1.8 billion. Dive Insight: Nissan's financial struggles go back to 2024 when it faced sluggish vehicle sales leading to a scale back of global production , global plant closures , the elimination of 9,000 jobs and b
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