Sony swings to big first-half profit on videogames, weak yen

GMT 07:18 2015 Thursday ,29 October

Arab Today, arab today Sony swings to big first-half profit on videogames, weak yen

Tokyo-based electronics giant Sony
Tokyo - Arab Today

Sony on Thursday posted a six-month net profit of almost $1.0 billion, crediting its PlayStation videogame unit and a weak yen for a big improvement in its finances as the company moves past years of losses.

The Tokyo-based electronics giant said net profit was 116.0 billion yen ($960 million) in the first half of its fiscal year, reversing a 109.2 billion yen loss a year earlier.

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