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International Business Times
International Business Times
Business

Sony Hikes Profit Forecast On Strong Gaming Business

Sony United States Entertainment
Sony has boosted its annual net profit forecast thanks to booming sales in its gaming business (Credit: AFP)

Japanese entertainment and electronics giant Sony upgraded its annual net profit forecast to $7.0 billion on Thursday thanks to its strong gaming business.

The conglomerate said it now expects a net profit of 1.08 trillion yen in the year ending March 31, compared with an earlier projection of 980 billion yen.

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