
TOKYO -- Nintendo posted its highest ever operating profit for the April-to-June quarter, logging a 427% rise to 144 billion yen ($1.3 billion), the Japanese gaming giant said on Thursday, as lockdowns and other social restrictions brought on by the coronavirus led to a surge in demand for its popular Switch console and game titles.
Net profit for the period reached its highest level since 2008, jumping 541% to 106 billion yen, while revenue doubled to 358 billion yen.