BSS
  07 Aug 2024, 12:27

Sony hikes annual net profit forecast after solid Q1

TOKYO, Aug 7, 2024 (BSS/AFP) - Sony raised its full-year net profit forecast on Wednesday to 980 billion yen ($6.7 billion) from the previous estimate of 925 billion yen, predicting strong sales in its gaming, music and sensor sectors.

The Japanese electronics and entertainment conglomerate logged a 6.5 percent jump in net profit on-year in the first quarter, to 231.6 billion yen.