Nissan maintained its forecast for an annual net profit of 480 billion yen, up 4.2% from the previous year, when the auto-maker reported the first drop in annual profits under chief executive Carlos Ghosn.
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Nissan Profits Slumped
Nissan posted net earnings of $1.86 billion for the six months
Nissan Motor Company, Japan's third-largest auto-maker, said its first-half net profit slumped by 22.5% from a year earlier due to higher taxes and weak domestic sales.
Nissan posted net earnings of $1.86 billion for the six months to September, down from $2,4 billion a year earlier.
But operating profit rose 5.3% to $3, 219 bn as sales climbed 11.7% to 5.06 trillion yen.
Nissan maintained its forecast for an annual net profit of 480 billion yen, up 4.2% from the previous year, when the auto-maker reported the first drop in annual profits under chief executive Carlos Ghosn.
Nissan maintained its forecast for an annual net profit of 480 billion yen, up 4.2% from the previous year, when the auto-maker reported the first drop in annual profits under chief executive Carlos Ghosn.
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