Monday, October 26, 2020
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Sony Narrows Loss, Forecasts Fiscal ’16 Profit

TOKYO: Sony Corporation is forecasting a profit of 140 billion yen ($1.2 billion) for the current financial year ending March 31, 2016, announcing improved revenues and a narrower loss for fiscal 2015. Revenues were up by 5.8 percent to 8.2 trillion yen (68.5 billion). The company posted a loss of 126 billion yen ($1.1 billion), …

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