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(Update) Nissan Slashes Earnings Projections for FY 2019

(Update) Nissan Slashes Earnings Projections for FY 2019

   Yokohama, Feb. 13 (Jiji Press)--Nissan Motor Co. <7201> on Thursday sharply revised down its group sales and profit projections for fiscal 2019, due chiefly to a sales slump in such key markets as North America and China stemming from a delay in new vehicle launches.
   The major Japanese automaker cut its operating profit estimate from 150 billion yen to 85 billion yen, down 73.3 pct from the previous year.

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AFP-JIJI PRESS NEWS JOURNAL


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