Sony Reports Strong Profits Despite Earthquake Challenges
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Sony announced good profits for the first three months. However, an earthquake hurt its factories in Kumamoto.
Some production stopped at Sony's semiconductor facilities. The company is still checking the total impact of the quake.
Sony's net profit grew by 32% to 342.2 billion yen. Sales also went up by 8%, reaching 2.84 trillion yen.
Sony's music business showed very strong results this quarter. Its gaming and imaging businesses also did quite well.
The film unit did not perform as strongly this period. Sony still expects good profits for the whole year.
Questions
What did Sony announce for the first three months?
Sony announced good profits for the first three months.
What happened to Sony's factories in Kumamoto?
An earthquake hurt its factories in Kumamoto.
How much did Sony's net profit grow?
Sony's net profit grew by 32% to 342.2 billion yen.
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