Sony reports 18per cent jump in first-quarter profit on strong image sensor business

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Japan's Sony Corp on Tuesday reported an 18.4per cent increase in first-quarter operating profit, beating market expectations thanks to a strong ...

TOKYO: Japan's Sony Corp on Tuesday reported an 18.4per cent increase in first-quarter operating profit, beating market expectations thanks to a strong performance in the image sensor business.

The electronics firm posted an operating profit of 230.9 billion yen for the April-June quarter, up from 195.01 billion yen a year prior.That was above a consensus estimate of 173.61 billion yen from 8 analysts polled by Refinitiv.

 

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