Nissan Motor Co., Ltd. today announced financial results for the three-month period to Dec. 31, 2018.
For the quarter, Nissan generated an operating profit of 103.3 billion yen on net revenues of 3.05 trillion yen, equivalent to an operating margin of 3.4%. Overall operations continued to improve in the third quarter, despite consistently challenging market conditions: In Japan, China, Thailand, the Philippines and Latin America the company’s vehicle sales outperformed the market. While sales decreased in the U.S., quality of sales improved.
The company’s results for the full fiscal year also reflect 9.2 billion yen that had not been booked in prior fiscal years.
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SOURCE: Nissan
