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  04 Aug 2021, 12:26

Sony upgrades annual profit outlook on strong Q1 performance

 TOKYO, Aug 4, 2021 (BSS/AFP) - 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 Japanese entertainment and consumer electronics giant now predicts a net profit of 700 billion yen ($6.4 billion) for the fiscal year to March 2022, up from its earlier estimate of 660 billion yen.

 

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