Nissan quarterly profit up despite floods, yen

Nissan quarterly profit up despite floods, yen

Credit: AP

(AP Photo/Shizuo Kambayashi)

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KMOV.com

Posted on February 8, 2012 at 10:22 AM

TOKYO (AP) —Nissan is seeing a 3.2 percent rise in fiscal third quarter profit on healthier sales that offset production damage from flooding in Thailand.

Nissan Motor Co. reported Wednesday October-December profit of 82.7 billion yen ($1.07 billion), up from 80.1 billion yen the same period the previous year.

Nissan said it sold 1.2 million vehicles worldwide during the quarter, an increase of 19.5 percent on year.

 

Copyright 2012 The Associated Press.

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