Big profit: Japanese electronics maker Sony Corp on April 28 reported its biggest annual operating profit since fiscal 2007. — Reuters
TOKYO: Japanese electronics maker Sony Corp on April 28 reported its biggest annual operating profit since fiscal 2007 due to cost cuts in its struggling smartphone business and brisk demand for PlayStation 4 videogames.
Operating profit more than quadrupled to 294.2 billion yen (RM10.59bil) for the year ended March, roughly in line with the firm's forecast announced earlier this month.
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