BCN-25 Japan’s Sony annual profits hit record highs for second year

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JAPAN-COMPANY-EARNINGS-ELECTRONICS-SONY

Japan’s Sony annual profits hit record highs for second year

TOKYO, April 26, 2019 (BSS/AFP) – Japan’s Sony said on Friday that its
annual profits had climbed to record highs for the second consecutive year
thanks to a robust performance of its entertainment business.

The electronics and entertainment giant reported net profit soaring 86.7
percent year-on-year to 916.3 billion yen ($8.2 billion) in the year ended in
March while operating profit rose 21.7 percent to 894.2 billion yen.

BSS/AFP/HR/1245