Thursday July 30, 07:19 AM
Sony Corp. announces Q1 net loss of 390 mln dlrs
TOKYO (AFP) - Japanese electronics giant Sony Corp. announced Thursday a net loss of 37.1 billion yen (390 million dollars) for the fiscal first quarter through June, blaming the global economic downturn.
The maker of Bravia televisions, PlayStation game consoles and Cyber-shot cameras maintained its forecast for its first back-to-back annual losses since it was listed on the stock market in 1958.
Sony (Munich: 853687 - news) , which announced in March its first annual loss in 14 years, expects to end the current business year 120 billion yen in the red.
|
|
|
Send Article by Email
Send Article by IM
Blog This with Y! 360
Printable View
