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Nissan Motor Co. said Thursday its net profit for the year ended March almost doubled from a year earlier to 426.65 billion yen ($2.7 billion), as vehicle sales grew following the coronavirus pandemic. Its sales for fiscal 2023 jumped 19.7 percent to a record 12.69 trillion yen while operating profit rose 50.8 percent to 568.72 billion yen, the Japanese automaker said. For the current business year ending March next year, net profit is projected to fall 10.9 percent to 380 billion yen on sales of 13.6 trillion yen, up 7.2 percent.

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