1. Business

Nissan Motor misses on revenue (OTCMKTS:NSANY)

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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.

Press Release



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