Sony upgrades profit outlook

By Agence France-Presse

Aug 06, 2021 12:44 am

NEVADA: Sony upgraded its full-year profit forecast on Wednesday (Thursday in Manila) on the back of a strong quarterly performance although the pandemic boom enjoyed by the gaming sector is slowing.

The Japanese entertainment and consumer electronics giant now predicts a net profit of 700 billion yen ($6.4 billion) for the fiscal year to March 2022, up from its earlier estimate of 660 billion yen.

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