scorecardresearch
Friday, November 8, 2024
Support Our Journalism
HomeTechSony posts 73% jump in Q2 profit, keeps outlook

Sony posts 73% jump in Q2 profit, keeps outlook

Follow Us :
Text Size:

TOKYO (Reuters) -Sony reported on Friday a 73% rise in group operating profit in the July-September quarter, buoyed by strong sales in its game and network business.

Sony, whose businesses includes music, movies, games and chips, maintained its profit forecast of 1.31 trillion yen ($8.51 billion) for the current year to March, largely in line with the 1.34 trillion yen estimate of 24 analysts polled by LSEG.

Operating profit for the July-September quarter soared to 455.1 billion yen from 263 billion yen a year earlier.

Profit at its game and network service business nearly tripled to 138.8 billion yen, said the company, which released an upgraded version of its flagship console offering better graphics on Nov. 7.

($1 = 152.8700 yen)

(Reporting by Sam Nussey; Editing by Himani Sarkar and Muralikumar Anantharaman)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular