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International Business Times

Business

AFP News

Nissan Annual Net Profit Nearly Doubles On-year

Nissan Makoto Uchida Honda China

Nissan says demand is rising at home and in North America, Europe and China (Credit: AFP)

Nissan said Thursday it nearly doubled its full-year net profit in 2023-24 but forecast a dip of around 10 percent for the current financial year.

The Japanese automaker said demand was rising at home as well as in North America, Europe and China, where it has struggled to compete with fast-growing electric vehicle firms backed by Beijing.

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