(RTTNews) – Nissan Motor Co. , Ltd. (NSANF. PK, NSANY. PK) reported that its nine-month net profit for homeowners of the parent company, founded on the capital of the Chinese joint venture, rose to 325. 4 billion yen from 115. 0 billion yen last year. Gains consistent with the percentage were 83. 45 yen compared to 29. 38 yen. Profit consistent with the percentage rose to 478. 4 billion yen from 289. 7 billion yen a year earlier. On a pro forma control basis, which includes proportional consolidation of the effects of the joint venture in China, constant continuing profit of 487. 1 billion yen over the constant period.
During the nine-month period, net sales amounted to 9. 17 trillion yen, compared with 7. 5 trillion yen last year. The Group said the accumulation of cash and operating profit is primarily due to increased unit sales and value optimization in its key regions.
For fiscal 2023, the company adjusted its full-year sales volume guidance from 3. 7 million to 3. 55 million games due to transient logistical disruptions and intensifying competition. The company has maintained an unchanged outlook for its financial performance.
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