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Sony raises FY net profit forecast after strong growth in Q3

2019-02-01 11:26:00| Telecompaper Headlines

(Telecompaper) Sony has upped its net profit for the forecast for the full year after strong growth in the third quarter. The company's net profit jumped to JPY 429.0 billion in the third quarter from 295.1 billion the year before, despite revenues going lower to JPY 2.401 trillion from 2.672 trillion and restructuring charges advancing to JYP 6.9 billion from 3.1 billion year-on-year. The operating profit lifted to JPY 377.0 billion from 350.8 billion.

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