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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