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Nissan increased net profit by 12.6% to JPY 746.9 billion in 2017

Net profit of Nissan for 2017 (April 2017 - March 2018) grew by 12.6% to JPY 746.9 billion from JPY 663.5 billion the year before, the company informed.

Net revenue grew by 2% to JPY 11.951 trillion from JPY 11.72 trillion, operating profit decreased by 22.6% to JPY 574.8 billion with JPY 742.2 billion, usual profit by 13.2% to JPY 750.3 billion from JPY 864.7 billion.

In 2017, the company started implementing the Nissan M.O.V.E. medium-term development plan to 2022. As a result, its total sales increased by 2.6% to a record high of 5.77 million cars.

Nissan expects to increase dividends for the 2017 financial year by 10.4% to JPY 53 per share, the dividends for the 2018 financial year by 7.5% to JPY 57 per share.

In March 2012, Nissan Motor Co., Ltd. announced a comeback of the Datsun brand, its third global brand along with Nissan and Infiniti. Under the Datsun brand, the company offers modern, reliable and affordable automobiles for sanguine active buyers in emerging markets. Building on its 80 years of automobile-building experience in Japan, Datsun forms an essential component of Nissan's DNA. Datsun automobiles are marketed in the markets of India, Indonesia, Russia and Southern Africa.

For the 9-month period in 2017, 52,525 Nissan cars were produced in Russia, including 32,037 cars in St. Petersburg. In January-August 2018, the Russian dealers sold 46,810 cars (+1.9% year-on-year).

Net profit of Nissan in the first quarter of the financial year 2017 (April-June 2017) decreased by 1.1% year-on-year to JPY 134.9 billion. Net revenue grew by 4% to JPY 2.76 trillion, operating profit decreased by 12.8% to JPY 153.3 billion, ordinary income by 4.4% to JPY 189.6 billion.

"AK&M", 16.05.2018 17:16


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