Date: 3 days ago   Category: Industry

The quarter profit of Nissan was reduced by 76.7% — to $637 million — Rambler News Service


The net profit of the Japanese car maker Nissan following the results of the III quarter 2018/19 financial years (came to the end on December 31) was 70.4 billion yens ($637 million), the company reports. Revenue for the reporting period increased by 5.9% to $27.5 billion. Following the results of 9 months of financial year net profit dropped by 45.2% to $2.86 billion, and revenue increased by 0.6% to $77.6 billion. The Nissan Motor Company is founded in 1933, the producer possesses the Nissan, Datsun and Infinity brands. The French car maker Renault possesses 43% of stocks of Nissan while to the Japanese car maker — 15% of Renault.

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