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Nissan profit quadruples to $1.26 billion

Nissan profit quadruples to $1.26 billion
Thursday, November 4, 2010 - 3:17am

Second quarter profits up dramatically from last year

Tokyo---The Associated Press is reporting;  Nissan's July-September profit quadrupled from a year earlier as surging sales more than made up for the downside from a stronger yen.

Nissan Motor Co. reported its second quarter profit totaled 101.73 billion yen ($1.26 billion), up dramatically from
25.53 billion yen a year earlier.

Quarterly sales at the Japanese automaker gained 21.4 percent to 2.269 trillion yen ($28.0 billion).

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