TOKYO ? Nissan Motor Co. said Wednesday its net profit for the July-September quarter slipped 4.3 percent from a year earlier, but the automaker raised its earnings outlook for the full-year on projections of higher sales.
Japan's second-biggest vehicle manufacturer seems to be weathering the strong yen and tsunami disaster better than some its of rivals, including Honda Motor Co. and Mazda Motor Corp.
"In spite of unfavorable currency fluctuations, numerous natural disasters and a volatile global economy, we remain on track to deliver a significantly profitable full-year performance," CEO Carlos Ghosn said in a press release.
Sales are growing in Europe, China and the U.S., said the maker of the March subcompact and Leaf electric car.
Nissan said it was raising its profit forecast for the full-year through March 2012 to 290 billion yen ($3.63 billion) from the 270 billion yen projected in June. It projects annual sales will grow to 9.45 trillion yen from an earlier forecast of 9.4 trillion yen.
It also raised its unit sales forecast 3.3 percent to 4.75 million vehicles for the year. Sales projections for China ? 1.25 million units ? are nearly as high as the forecast for North America, at 1.35 million.
Quarterly net profit declined to 98.4 billion yen ($1.26 billion) from 101.73 billion yen last year, while half-year profit slid 12 percent to 183.4 billion yen ($2.3 billion) as sales rose 1.1 percent to 4.367 trillion yen ($54.73 billion).
michigan football michigan football google buzz trace cyrus hilary duff pregnant hilary duff pregnant psat
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন