Sony Group Profit Jumps on Stronger Game, Movie Earnings
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Dow Jones
By Kosaku Narioka
Sony Group reported a rise in fourth-quarter net profit thanks to stronger earnings from its game and movie businesses.
The Japanese entertainment and electronics company said Tuesday that net profit rose 34% from a year earlier to 189.005 billion yen ($1.21 billion) for the three months ended March. That beat the estimate of Y149.71 billion in a poll of analysts by data provider FactSet.
Fourth-quarter revenue climbed 14% to Y3.481 trillion.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
May 14, 2024 02:41 ET (06:41 GMT)
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