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General

Sony returns to sales growth in June quarter on gaming demand, sees flat FY sales

Tuesday 4 August 2020 | 13:11 CET | News
Sony reported a return to sales growth in its fiscal first quarter to June, as growth in the gaming market helped offset weaker sales in the consumer electronics and media sectors. Revenues rose 2 percent year-on-year to JPY 1.968 trillion and were up 4 percent on a constant currency basis. Operating profit dipped 1 percent lower to JPY 228 billion, while net profit rose 53 percent to JPY 233 billion, helped by lower taxes and a gain on the sale of shares in Pledis Entertainment.

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Categories: General
Companies: Sony
Countries: World
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