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Sony posts Q4 loss

The net loss was 88.3 billion yen ($812 million) in the three months ended March

Sony posts Q4 loss

Reuters
Sony Corp reported a fourth-quarter loss after booking a charge against its chip business and delayed giving a full-year forecast to assess damage from an earthquake that shut its main plant for camera sensors. The net loss was 88.3 billion yen ($812 million) in the three months ended March, the Tokyo-based company said in a statement on Thursday. Sony, which also recorded its first full-year profit in three years, will probably see annual net income in the current fiscal year rise to 212.2 billion yen.

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First Published: Apr 29 2016 | 12:04 AM IST

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