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Switch helps Nintendo half-year net profit soar 35 per cent

October 30, 2017 - 12:57 AM

TOKYO - Japanese video-game maker Nintendo says its net profit jumped 35 per cent in April-September, helped by the popularity of its Switch hybrid game machine.

The company said Monday it logged a 51.5 billion yen ($456 million) net profit in the fiscal first half-year. That compared with a 38.3 billion net profit in the same period a year earlier. It raised its forecast for the full fiscal year to 85 billion yen from an earlier outlook of 45 billion yen.

Kyoto-based Nintendo, which makes Super Mario and Pokemon games, said its sales rose 173 per cent from a year earlier in April-September to 374 billion yen ($3.3 billion).

Nintendo, which makes Super Mario and Pokemon games, said its Switch Splatoon 2 game was selling well both in Japan and overseas.

News from © The Associated Press, 2017
The Associated Press

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