Nissan profits jump

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Nissanlogo Reuters. A logo of Nissan is pictured outside the company headquarters building in Yokohama, south of Tokyo.

Tokyo - Nissan said Monday that net profit for the April-June quarter soared 37 percent to $1.1 billion (R11.6 billion), crediting robust overseas demand that offset weaker sales at home.

The Japanese automaker said it earned 112.13 billion yen ($1.1 billion), compared with 82.0 billion yen a year earlier, as sales rose to 2.47 trillion yen from 2.23 trillion yen. - Sapa-AFP


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