You are here

Sony cuts FY outlook again as film writedown hits quarterly profit

BT_20170203_NAHSONY3PKKH_2723583.jpg
Mr Hirai will now focus on shoring up profitability and expanding business in new regions such as China.

Tokyo

SONY Corp cut its full-year profit forecast a second time after posting quarterly earnings that missed estimates on a writedown at its struggling movie division.

Net income will be 26 billion yen (S$326 million) in the 12 months ending March, down from an already-reduced

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom