Nissan cuts forecast in first earnings since Ghosn arrest

Nissan cuts forecast in first earnings since Ghosn arrest

5 years ago
Anonymous $Dftgs0JzgE

https://phys.org/news/2019-02-nissan-ghosn.html

The disappointing nine-month performance and a change in accounting methods forced the manufacturer to downgrade its net profit forecast for the fiscal year to March to 410 billion yen, compared with 500 billion yen projected earlier.

Annual sales are now seen at 11.6 trillion yen, down from an earlier estimate of 12 trillion yen.