TOKYO, Aug 4 — Sony upgraded its full-year profit forecast Wednesday on the back of a strong quarterly performance, although the pandemic boom enjoyed by the gaming sector is slowing.
The conglomerate said solid earnings in its music and electronic products businesses offset a decline in operating profit in the gaming sector in the first quarter.Sony left its annual sales forecast unchanged at 9.7 trillion yen after first-quarter sales gained 15.0 per cent to 2.26 trillion yen. In the previous fiscal year, Sony reported its biggest-ever annual net profit, which more than doubled to 1.17 trillion yen on record sales of 8.99 trillion yen.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hartalega’s Q1 net profit surges to RM2.26b on higher sales revenue | Malay MailKUALA LUMPUR, Aug 3 ― Hartalega Holdings Bhd’s net profit for the first quarter (Q1) ended June 30, 2021 jumped to RM2.26 billion from RM219.72 million while revenue soared to RM3.90 billion versus RM920.08 million. In a statement today, chief executive officer Kuan Mun Leong said the...
Source: malaymail - 🏆 1. / 86 Read more »
Grab's sales jump 39% in Q1, ahead of record SPAC dealMANILA (Bloomberg) -- Manufacturing managers in Southeast Asia saw a slump in activity as the region grapples with one of the world’s worst Covid-19 outbreaks, while North Asia continued to see a pick up as the global economy recovers.
Source: staronline - 🏆 4. / 75 Read more »
Hartalega’s Q1 net profit surges to RM2.26b on higher sales revenue | Malay MailKUALA LUMPUR, Aug 3 ― Hartalega Holdings Bhd’s net profit for the first quarter (Q1) ended June 30, 2021 jumped to RM2.26 billion from RM219.72 million while revenue soared to RM3.90 billion versus RM920.08 million. In a statement today, chief executive officer Kuan Mun Leong said the...
Source: malaymail - 🏆 1. / 86 Read more »
Kenanga maintains ‘outperform’ rating on Genting Plantations on upstream outlook | Malay MailKUALA LUMPUR, Aug 4 — Genting Plantations Bhd’s (GenP) ‘outperform’ rating was maintained by Kenanga Investment Bank Bhd with a target price (TP) of RM7.56 per share, backed by its reassurance of a near-term upstream outlook that would overshadow a weak downstream. Kenanga, in...
Source: malaymail - 🏆 1. / 86 Read more »
Stellantis posts strong inaugural earnings, steps up electric drive | Malay MailPARIS, Aug 3 — US-European auto giant Stellantis, formed by Peugeot and Fiat Chrysler this year, posted today a sizeable first-half net profit and announced that its Alfa Romeo and Lancia brands would go fully electric. Stellantis, whose brands also include Maserati and Jeep, said today that its...
Source: malaymail - 🏆 1. / 86 Read more »
Maybank Indonesia H1 profit falls on Covid-19 impact | Malay MailKUALA LUMPUR, Aug 2 — PT Bank Maybank Indonesia Tbk recorded a pre-tax profit of Rp762 billion (RM223 billion) for its first half financial year ended June 30, 2021, a decline of 28.5 per cent from Rp1.1 trillion in the same period last year. Maybank Indonesia’s profit after tax and minority...
Source: malaymail - 🏆 1. / 86 Read more »