Sony sees revenues and profits rise

Sony Corporation has reported its financial results for the year ending March 31, 2008, with revenues and profits up on the previous year.

In total, across the group, the company took JPY 8.87 trillion (USD 84.4 billion), a rise of 6.9 per cent on the previous year, with net income hitting JPY 369.4 billion (USD 3.51 billion) - almost tripling the previous year"s total of JPY 126.3 (USD 1.20 billion).

Sales of buildings, as well as funds received from the flotation of its financial business last year, contributed to the strong showing, although its consumer products also performed well.

View: Full article @ gamesindustry.biz

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