Nissan Motor released its first quarter financial data, with operating profit plummeting 99.2%

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According to reports, Nissan Motor released its financial data for the first quarter of this fiscal year (April to June this year), and the results were shocking. Although operating income increased slightly to 2.998 trillion yen (about 141.443 billion yuan), a year-on-year increase of 2.8%, operating profit fell to 995 million yen (about 47.179 million yuan), a year-on-year decrease of 99.2%. The operating profit margin was only 0.03%, almost zero. This means that Nissan Motor basically did not make any profit from selling cars in the first quarter.