Thursday, July 26, 2007
Nissan's profit falls in first quarter
NET INCOME at Nissan for the fiscal first quarter fell 16% to 92.3bn yen, ($764m) due to a higher tax rate, weaker product mix and higher raw material prices.
Operating profit totalled 148.4bn yen (US $1,228m), down 3.2%.
Globally, Nissan sold a total of 875,000 vehicles in the April-to-June period, up 5.9%.
DATED: 26.07.07
FEED: AW
Operating profit totalled 148.4bn yen (US $1,228m), down 3.2%.
Globally, Nissan sold a total of 875,000 vehicles in the April-to-June period, up 5.9%.
DATED: 26.07.07
FEED: AW