Tuesday, November 1, 2016

The profits of Sony fall more than expected – Jornal de Negócios – Portugal

The profits of Sony fell in the second quarter of this year to 85.6%, to 4.8 billion yen (around 41.7 million euros), compared to at 33.6 billion yen a year before (292 million euros). The analysts contacted by Bloomberg were expecting losses of 1.6 billion yen (13.9 million euros). But it is in the operational log that the performance was worse than expected.

The operating profit of 45,7 billion yen (about 397 million euros) was below the mop49.7 billion euros anticipated and represent a decrease of 47% compared to the same period last year.

sales fell by 11% to 1.69 trillion yen (13.9 billion euros), less than the 1.77 two billion expected by the market.

Sony announced an extra burden of 33 billion yen on the sale of your unit is not cost-effective batteries to the Mutara Manufacturing.

analysts are, however, to look at, according to Bloomberg, for the unit of the games of Sony, the main driver of revenue.

Already on Monday, Sony had announced a reduction in the projected profits for the current fiscal year.


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