Nissan's Q2 operating profit tumbles as US emissions costs weigh

By Reuters News23 hours ago Updated

YOKOHAMA, Japan, Nov 11 (Reuters) - Nissan 7201.T said on Wednesday its second-quarter profit slumped mainly because it no longer had the benefit of lower US emissions-related expenses that had boosted earnings a year earlier.

Operating profit for the July-September quarter fell 96% from a year earlier to just 2.1 billion yen ($13.23 million), versus a median forecast of 60.1 billion in a poll of eight analysts surveyed by LSEG.

The Yokohama-based automaker maintained its full-year profit forecast of 200 billion yen.

($1=158.7400 yen)

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