Sony ekes out 1% Q2 profit rise as PS5 costs squeeze margins


FILE PHOTO: The logo of Sony Corp is seen at the CP+ camera and photo trade fair in Yokohama, Japan, Feb. 25, 2016. REUTERS/Thomas Peter

TOKYO (Reuters) -Japan's Sony Group Corp on Thursday squeezed out a surprise 1% rise in operating profit for its second quarter though costs from growing sales of its PlayStation 5 (PS5) console pressed on margins.

Weaker profitability in the key games segment could also not stop the group hiking its full-year operating forecast by 6% to 1 trillion yen ($8.81 billion) from its August forecast, driven by expected profit growth in movies, music and electronics.

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