Nissan posts double-digit rise in quarterly operating profit

YOKOHAMA, Japan (Reuters) -Nissan Motor posted a 61% rise in second-quarter operating profit from a year earlier on Thursday as efforts to reduce fixed costs as part of its turnaround plan helped it avoid a loss.

Nissan booked a 51.5 billion yen ($341.56 million) profit for July-September, compared with an average 70.9 billion yen loss expected from five analysts polled by LSEG.

($1 = 150.7800 yen)

(Reporting by Daniel Leussink; Editing by Tom Hogue)