Nissan set to post record profit in 2004/05-paper

Newswire

TOKYO, March 30 (Reuters) - Nissan Motor Co expects to post a record group operating profit of 900 billion yen ($8.54 billion) for the year starting April 1 thanks to increased output capacity in North America, the Nihon Keizai Shimbun reported. Growing business in China will also contribute to earnings in 2004/05, helping Japan's third-largest auto maker offset the negative impact of a strong yen, the newspaper said on Tuesday. Consolidated sales are expected to grow about seven percent ...

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