Japanese automaker Nissan reports 92% jump in profit as sales surge

Japanese automaker Nissan reports 92% jump in profit as sales surge
Nissan has reported a surge in profits (Ian Forsyth/PA)

Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen (£2.1 billion), as sales grew in all major global markets except China, the Japanese automaker said on Thursday.

Annual sales surged nearly 20% to 12.7 trillion yen (£65.3 billion), Nissan Motor Co said.

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