Sony posts 20% gain in third-quarter operating profit, raises full-year earnings outlook

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Japanese electronics and media giant Sony Corp on Wednesday posted a better-than-expected 20% rise in third-quarter profit and hiked its full-year outlook on strong demand for video games, movies and other entertainment content.

Operating profit for the October-December quarter jumped to 359.2 billion yen , from 300 billion yen in the same period a year ago. Six analysts on average had expected a profit of just 179 billion yen, according to Refinitiv data.

Sony also raised its forecast for operating profit in the 12 months through March 2021 to 940 billion yen from the 700 billion yen it previously expected. That prediction is well above an average 812.9 billion yen profit based on forecasts from 18 analysts, Refinitiv data shows.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The kimetsu no yaiba

.

.

크리스티인페촐트는 불경스러운 짓거리하지마세요 유령의 영화--에서 유령이란 입에도 담지마세요 그들의 작품세계란---마귀들의 울부짖음 일뿐-

크리스티인페촐트는 불경스러운 짓거리하지마세요 유령의 영화--에서 유령이란 입에도 담지마세요 그들의 작품세계란---마귀들의 울부짖음 일뿐

lol Demon slayer, of course.

SONY !

Sony must have stopped making movies.

Couple of months ago I came across a recommendation about DennisWilliam78 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines