Sony expects fiscal 2020 net profit to fall 12.4% over pandemic

Business Aug 4, 2020

Sony expects fiscal 2020 net profit to fall 12.4% over pandemic

Sony Corp. said Tuesday its fiscal 2020 net profit is expected to fall 12.4 percent from a year earlier to ¥510 billion ($4.8 billion), as the coronavirus pandemic has hit its image sensor and movie businesses. Sony, which released its earnings projections for the business ...