Sony's April-June profits more than triple to $664m

GMT 06:40 2015 Thursday ,30 July

Arab Today, arab today Sony's April-June profits more than triple to $664m

Tokyo - Arab Today

Sony said Thursday its April-June net profit more than tripled to $664 million and kept its full-year forecast unchanged, as the company emerges from a painful corporate restructuring that included layoffs and asset sales.

The Tokyo-based electronics giant logged a quarterly net profit of 82.4 billion yen ($664 million), while operating profit also jumped 38.8 percent to 96.9 billion yen.

Sales were flat, however, edging down 0.1 percent to 1.8 trillion yen.


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