Yokohama, Aug. 3 (Jiji Press)--Nissan Motor Co. on Monday reported a consolidated net profit of 3,761 million yen for April-June, the first black ink for the first quarter in two years. The Japanese automaker improved from the year-before loss of 115,758 billion yen, thanks to reduced U.S. tariffs and a weaker yen. Although Nissan's global vehicle sales by volume declined, the company posted sales growth in Japan, the United States and China. Nissan also logged an operating profit of 77,889 million yen, against a loss of 79,124 million yen a year before, on sales of 2,964.2 billion yen, up 9.5 pct from a year earlier. The company's profits were pushed up by about 35 billion yen by currency fluctuations and by nearly 80 billion yen by a tariff reduction under a Japan-U.S. agreement. A review of its model lineup and cost cuts also positively contributed to its earnings. At a press conference on Monday, Nissan President and CEO Ivan Espinosa said that the company reduced costs by more than 60 billion yen in the quarter. "We see signs of progress in our first quarter," he said. For the full year ending in March, Nissan left its consolidated net profit forecast unchanged at 20 billion yen. Meanwhile, the company revised down its full-year global vehicle sales projection to 3.15 million units from 3.3 million units, reflecting a lower sales estimate for China amid an economic slowdown and intensifying competition in the country. END [Copyright The Jiji Press, Ltd.]