The company said it made ¥82.67 billion in the three months to December in a quarter dominated for automakers by the high Japanese currency and flooding in Thailand that hit production lines.
The company reported its sales grew 11% to ¥2.33 trillion in the third quarter, up from ¥2.10 trillion a year earlier.
Nissan's result provide a stark contrast with those of Toyota and Honda, which reported weaker profits for the quarter.
"Significant external headwinds such as the abnormally strong yen and floods in Thailand challenged us during the third quarter," Nissan president and CEO Carlos Ghosn said in a statement.
"Nissan responded decisively to these challenges," he said. "I am confident that Nissan will deliver the full-year profitability targets." Nissan kept its full-year net profit forecast at ¥290 billion and its sales outlook at ¥9.45 trillion.
Source: AFP
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
