TMCnet News

Sony records net loss of around $1 bn in April-September
[October 31, 2014]

Sony records net loss of around $1 bn in April-September


(EFE Ingles Via Acquire Media NewsEdge) Tokyo, Oct 31 (EFE).- Japanese electronics giant Sony on Friday announced a net loss of $982.5 million, 561 percent more than the same period in 2013, mainly due to a fall in its mobile phone division.



In September, the Tokyo-based company said that the decline in sales of these devices would lead to a significant loss in the current fiscal year.

Sony suffered an operating loss of $141.6 million, which contrasts with a profit of $442.7 million registered in April-September 2013.


In the same six month period, the company's sales increased by 6.5 percent to around $33.5 billion. EFE asb/raa/mdo/rml-kv/bj/amg (c) 2014 EFE News Services (U.S.) Inc.

[ Back To TMCnet.com's Homepage ]