Sony Profits Soar Nearly Seven-fold To $4.5 Bn

Sony profits soar nearly seven-fold to $4.5 bn

Sony on Friday reported profits worth $4.5 billion, extending a roaring recovery supported by better sales of smartphone image sensors and movies, and improvement in its finance businesses.

Tokyo, (UrduPoint / Pakistan Point News - 27th Apr, 2018 ) :Sony on Friday reported profits worth $4.5 billion, extending a roaring recovery supported by better sales of smartphone image sensors and movies, and improvement in its finance businesses. The firm said its net yearly profit reached 490.8 billion Yen ($4.5 billion), compared with 73.3 billion yen a year earlier, thanks to increased sales across the board and favourable foreign exchange rates.