(MENAFN) Sony said its net profit for the three months to December more than tripled from a year earlier, but confirmed it was on course to suffer an annual loss, Oman Observer reported.
The improvement stems mainly from a weak yen, increased sales of smartphones, robust PlayStation console businesses and strong demand for image sensors for cameras, the firm said.
This increase was partially offset by a significant decrease in sales in other operations. It was primarily related to Sony's exit from the PC business, and a decrease in sales in the Pictures segment.
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