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Sony First Quarter Earnings Call
Author: Elena Todorova
123jump.com
Last Update: 8:37 AM EDT September 24 2007


The games-and-electronics producer and financial services provider said its first-quarter profit more than doubled on a weaker yen and higher sales of LCD televisions. The electronics and the financial services segments drove the increase in operating profit. Consolidated operating income increased to 99.3 billion yen from 27 billion yen a year ago. Consolidated sales rose 13% due to the large increase of sales of all segments. Full-year profit forecast of 320 billion yen remains unchanged.

 

 

 

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