17:07 - 12.05.2023

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May 12, Fineko/abc.az. Nissan released budget reports for 2022 and financial expectations for 2023.

ABC.AZ reports that Nissan's net profit as of fiscal year 2022 was 221.9 bn yens ($1.65 bn), which is 3% more than in fiscal year 2021.

The low growth rates were affected by the increase in raw material costs and depreciation of the Japanese yen (the currency of Japan) over foreign currency.

In the fiscal year, operating profit increased by 52.5% to $2.8 bn, and sales revenue by 25.8% to $10.678 bn.