Tokyo - NEC Corp returned to the black in the second quarter of fiscal 2008 that runs through March 31.

The Japanese electronics company attributed a net profit of 1.28 billion yen (13.15 million dollars) in the July-September quarter to capital gains from selling shares. The result compared to a net loss of 5.72 billion yen in the same period a year before.

Operating profit for the second quarter plunged 42.4 per cent to 9.28 billion yen from 16.1 billion yen due to slow demand for telecommunication systems and microchips.

NEC reported sales of 1.13 trillion yen, up 0.5 per cent.

For the full year through March, the company kept earnings forecast unchanged with a net profit of 15 billion yen, an operating profit of
120 billion yen and sales of 4.6 trillion. (dpa)