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Earnings Analysis: 
Nissan Quarterly Loss
Author: 123jump.com Staff
123jump.com
Last Update: 10:24 PM ET February 09 2009


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Nissan Motor Co Ltd Japanese automaker third quarter revenues plunged 34.4% to ¥1.817 trillion and net loss was ¥83.2 billion.

 
10:00AM Tokyo, Japan – Nissan Motor Co Ltd revenue plunged 34.4% and net loss was ¥83.2 billion.

Nissan Motor Co Ltd, Japanese automaker said third quarter revenues plunged 34.4% to ¥1.817 trillion from ¥2.770 trillion a year earlier. Net loss in the quarter was ¥83.2 billion compared to net profit of ¥132.2 billion or ¥144.43 per share a year earlier.

Nissan Motor Co Ltd, in the last one year traded as high as ¥18.92 in May 2008 and as low as ¥5.83 in December 2008. Based on the Friday’s closing price of ¥6.05 the company has market cap of ¥12.30 billion.
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