Nissan Motor (OTCPK:NSANY): Q1 net loss of ¥285.6B as compared to estimated loss of ¥272.08B.
Revenue of ¥1.17T (-50.6% Y/Y) misses by ¥20B.
Global sales declined 47.7% to 643,000 vehicles.
For the full year, Company’s global retail volume is expected to decline 16.3% to 4.125M vehicles.
Nissan will forgo distribution of dividends for FY 2020.