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Sony quarterly net profit improves 33%
2016-01-29 09:09:00| Telecompaper Headlines
(Telecompaper) Sony reported net profit up 33.5 percent year-on-year in its fiscal third quarter to December to JPY 120.1 billion, helped by lower restructuring costs and forex losses. Revenues were up just 0.5 percent to JPY 2.581 trillion (USD 21.5 billion), as continued strength in Playstation sales and film revenues were offset by the weak sales in the smartphone market and lower revenues from components. Operating profit was 11.0 percent higher year-on-year at JPY 202.1 billion.
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Category:Telecommunications
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