Car manufacturer Nissan has reported a return to profit despite contending with the impacts of Covid, semiconductor chip shortages and rising raw materials prices.
The Japanese multinational said operating profit reached £1.5bn (¥247.3bn), up from a loss of £947m (¥150.7bn) and the first return to profitability in three years for the firm.
Revenue for the year was £51.3bn (¥8.42trillion) up from £49.6bn (¥7.86trillion) as Nissan sold 3,876,000 vehicles globally, a 4.3% drop from the previous year - owing to the semiconductor shortage.
