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Sony hikes annual net profit forecast after solid Q1

Messenger Desk

Published: 12:54, 7 August 2024

Sony hikes annual net profit forecast after solid Q1

Photo: Collected 

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.

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