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Sony expects profit to quadruple this year
It forecasts a surge in revenue from devices and the pictures division
Add BT as a preferred sourcePublished Fri, May 1, 2015 · 09:50 PM
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Tokyo
KAZUO Hirai, leading Sony Corp on a comeback after years of losses, is giving himself plenty of room to deliver more good news in the future.
The chief executive officer says operating profit will more than quadruple to 320 billion yen (S$3.5 billion) this fiscal year. That forecast given on Thursday is about 20 per cent less than analysts projected as Sony tries to shake its years-long reputation for disappointing investors.
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