(MENAFN) Nissan Motor Co. announced posting a 24.9 percent increase in its group's net profit for the first fiscal half and a 16 percent rise in its net profit in the third-quarter period, Xinhua reported.
Japan's second-largest carmaker said its quarterly net profit rose to USD1.12 billion from USD 949.19 million a year earlier. In the six months ended on Sept. 30, it posted a group net profit of USD2.4 billion.
Meanwhile, its operating profit jumped 18 percent to USD2.3 billion, the automaker added, while stating that sales had increased 8.2 percent to USD45.25 billion in the April-September period.
"Nissan successfully overcame challenging market conditions in the first-half of the fiscal year, delivering solid revenues and profitability amid encouraging demand for our latest models," Nissan CEO said.
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