Isuzu Motors said on Friday that it returned to profitability in the three months to June 30 thanks to robust sales in Japan and cost-cutting efforts, Dow Jones reported, adding that the truck and SUV maker also maintained its earnings outlook for the fiscal year to the end of March 2004.

The report said Isuzu, which aims to post its first group net profit in five years this fiscal year, posted a group operating profit of Y13.1 billion in the quarter ended June 30, a sharp turnaround from a group operating loss of Y13.6 billion in the same quarter last year.

Isuzu, in which General Motors holds a 12% stake, posted sales of Y318.4 billion, up 13% from Y281.7 billion a year earlier, Dow Jones added.