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Sony hikes annual net profit forecast after solid Q1

AFP . Tokyo
07 Aug 2024 12:51:41 | Update: 07 Aug 2024 12:51:41
Sony hikes annual net profit forecast after solid Q1
— Courtesy Photo

Sony raised its full-year net profit forecast on Wednesday to 980 billion yen ($6.7 billion dollar) 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 per cent jump in net profit on-year in the first quarter, to 231.6 billion yen.

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