Japanese automaker Nissan Motor Co reached lower-than-expected operating profits for the third quarter.

The company&#39;s domestic sales are suffering because of higher marketing and selling expenses. Currency effects also played a central role.

Nissan Motor Co is Japan&#39;s second-largest automaker and from October to December 2016 it posted an operating profit of 1.46 billion USD, 267 million USD lower than a year ago when it touched 1.7 billion USD.

The third quarter profit is also lower than a median forecast of 1.5 billion USD that none analysts polled by Thomson Reuters I/B/E/S.&nbsp;

Nissan left its full-year net profit forecast unchanged at 4.6 billion USD, while it maintained its expectations for operating profit at 6.3&nbsp;billion USD.

(WION with inputs from Reuters)

The company's operating profits were 1.46 billion USD, 267 million USD lower than a year ago

Japanese automaker Nissan Motor Co reached lower-than-expected operating profits for the third quarter. The company's domestic sales are suffering because of higher marketing and selling expenses. Currency effects also played a central role. Nissan Motor Co is Japan's second-largest automaker and from October to December 2016 it posted an operating profit of 1.46 billion USD, 267 million USD lower than a year ago when it touched 1.7 billion USD. The third quarter profit is also lower than a median forecast of 1.5 billion USD that none analysts polled by Thomson Reuters I/B/E/S. Nissan left its full-year net profit forecast unchanged at 4.6 billion USD, while it maintained its expectations for operating profit at 6.3 billion USD. (WION with inputs from Reuters)

Third quarter shows lower profits for Nissan Motor Co

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Third quarter shows lower profits for Nissan Motor Co