Strong Yen Takes A Toll On Nissan Profits - Down 19.7% For Q2

Nissan posted a 19.7 percent drop in quarterly operating profit on Thursday as the effect of a strong yen outweighed solid global vehicle sales.

Japan's biggest automaker after Toyota posted an operating profit of 120.7 billion yen ($1.5 billion, 1.2 billion euros) for the April-June period, lower than the average estimate of 142.5 billion yen from six analysts polled by Reuters.

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