Sony Corp. (SNE) Profit Soars
A recovery in electronics sales offset losses in video games and helped boost Sony's profit for the July-to-September quarter more than 40-fold over the same period a year ago.
Sony Corp. saw $646.7 million in group net profit for the second quarter -- or 73.72 yen, up from 1.68 billion yen in last year's second quarter. Quarterly sales jumped 12.3 percent to $18.27 billion.
For the fiscal half overall, Sony posted a $1.23 billion profit, about three times a year earlier. First half sales climbed 12.8 percent to $35.61 billion.
Sony shares dipped 1.4 percent to $45 shortly before earnings were announced Thursday.
Sony Corp. saw $646.7 million in group net profit for the second quarter -- or 73.72 yen, up from 1.68 billion yen in last year's second quarter. Quarterly sales jumped 12.3 percent to $18.27 billion.
For the fiscal half overall, Sony posted a $1.23 billion profit, about three times a year earlier. First half sales climbed 12.8 percent to $35.61 billion.
Sony shares dipped 1.4 percent to $45 shortly before earnings were announced Thursday.
Labels: SNE, Sony Corp.
posted by Stock Administrator @ 12:43 PM
0 Comments:
Post a Comment
<< Home