Japanese automaker Nissan Motor Co. Ltd. (NSANY.PK) posted lower third-quarter consolidated net income after tax of 54.1 billion yen, or $670 million, and operating profit of 62.1 billion yen or $770 million, while ordinary profit totaled 89.0 billion yen or $1.10 billion.
Quarterly net revenue slipped 5.3% year-on-year to 2.21 trillion yen, or $27.23 billion. Nissan's global sales were 1.159 million vehicles during the October-December quarter, down 3.8% year-over-year.
Nissan's forecast for the fiscal year ending March 31, 2013, remains unchanged. The company has forecast annual operating profit outlook of 575 billion yen, or $7.21 billion, and net income of 320 billion yen, or $4.02 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.