Nissan Motor Co. said Thursday it logged a net profit of 215.53 billion yen ($1.67 billion) in the last fiscal year, returning to the black after two straight years of massive losses, as its earnings were helped by a weaker yen against the U.S. dollar.The automaker said it expects net profit to fall 30.4 percent to 150 billion yen for the current business year through March 2023 amid a global shortage of semiconductors and surging raw material prices.Nissan's net profit in the year ended March 31 marks a sharp turnaround from a loss of 448.70 billion yen in fiscal 2020, while the company po…READ FULL ARTICLE
