Japan's Nidec posts 5% rise in third-quarter operating profit

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TOKYO : Japanese electric motor maker Nidec posted a 5 per cent rise in third-quarter operating profit on Thursday to 54.5 billion yen ($348 million), compared to 51.8 billion yen in the same period a year earlier.

The earnings for the three months to end-December were weaker than a 62.

That compared to an average forecast of 245.0 billion yen based on estimates from 20 analysts.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Average Earnings Profit Analysts Operating Compared Mediacorp Billion Tokyo Nidec Forecast

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 14:42:11 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 166 words

Reading Time: 1 minutes read

Sentences: 12 lines

Sentence Length: 14 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 25358159

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