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Thursday, 28 April 2016

Sony swings to $1.4 bn full-year profit as PlayStation sales soars

© Getty/AFP/File | Sony says its net profit came in at 147.8 billion yen for the fiscal year to March, reversing a 126.0 billion yen loss a year earlier
TOKYO (AFP) -  Sony on Thursday posted a full-year profit of $1.4 billion, as strong sales of its PlayStation video games console helped it move past years of losses.
The Japanese giant said its net profit came in at 147.8 billion yen ($1.4 billion) for the fiscal year to March, reversing a 126.0 billion yen loss a year earlier.
But it held off giving a forecast for the current year as it assesses the impact of this month's deadly quakes in southern Japan, which led to some temporary plant closures.
© 2016 AFP

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