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Sony shares hit decade high on blow-out quarter, record outlook

Operating profit from chips rise to 49 billion yen compared with a loss of 4.2 billion yen a year ago

Published Wed, Nov 1, 2017 · 09:50 PM
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Tokyo

SONY Corp is prospering again. Shares climbed 11 per cent to their highest since 2008, after the company increased its annual operating profit outlook to a record 630 billion yen (S$7.5 billion).

That exceeded the 591 billion yen average that analysts were projecting.

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