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Nissan Motor reports Q1 net profit of 3.7 billion yen ($24 million), first quarterly profit in 2 years, maintains full-year target
The Japanese automaker achieved the net profit for the April-June quarter due to improving business performance and rigorous cost management, as it implements its Re:Nissan business restructuring plan. Nissan remains committed to returning to profitability for the full fiscal year ending March 2027, which would be its first in three years.
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