Sony Ericsson returns to the black

  • Business Premium
  • Thursday, 16 Oct 2003

STOCKHOLM: Japanese-Swedish mobile phone maker Sony Ericsson has returned to the black in the third quarter after a string of losses but said profit for the fourth quarter would be smaller. 

The company said yesterday it made 39 million euros (US$45.72mil) pre-tax profit in the third quarter against 116 million euros loss in the equivalent period 2002 and 102 million euros loss in the second quarter. 

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