Sony expects a 30% increase in operating profit annual for the fiscal year ending March 31, 2019

This theme Sony expects a 30% increase in operating profit annual for the fiscal year ending March 31, 2019 appeared on Engadget.

The company achieved a 17% increase in operating income in the second quarter of 2018 due to the strong performance in sales of gaming software.

IFA 2018 Sony Stand 2

After the conclusion of the second quarter of 2018 is successful, expect Sony to increase by 30% in the operating income of the annual of the council, as a consequence of the impact of company acquisitions on the E or any music for and reviews in many areas, especially in the sector of gaming services and companies.

Sony expects now that the total annual operating income of $ 7.7 million dollars (870 million yen), representing a significant increase compared to expectations for the first quarter which amounted to $ 6 billion (670 billion yen). At the same time, increased expectations, consolidated sales stand at $ 893 million USD (100 million yen) compared to the expectations of the previous quarter, which amounted to 76.7 million USD (8.6 trillion yen).

In the third quarter ending September 30, 2018, the Sony has registered an increase of 17% year on year to reach US $ 2.14 million (USD 239.5 billion yen) and 6% year on year to reach $ 19.5 million (USD 2.18 trillion yen) both sales and operating income, respectively, compared to the same quarter of the previous fiscal year.

Stated in this context does Hirai, managing director, Sony Middle East and Africa, said: “it was the beginning of the first quarter of 2018 Strong has managed to keep the same momentum in the second quarter. We are also confident that we will succeed in achieving our goals for the year 2019, due to that we have an important set of high-value products that we believe put them on the market. But here in the region, we focus our efforts on strengthening sales of high-value products from the series, Bravo master, headphones noise-canceling WH-1000XM3 add to our collection the summit of the cable cars free of mirrors.”

The positive growth in results Sony Financial to strong sales in the services sector, gaming and corporate (G&NS), which includes programs, games, PlayStation® Plus (PS Plus). Sector has made gaming services companies increased by 27% year on year in the third quarter sales of $ 4.9 billion (US $ 550.1 billion yen), compared to $ 3.8 billion last year (433.2 billion yen).

So, the record of the Department’s products and solutions design and development (IP&S) increased by 5% on an annual basis to the sales of $ 1.46 billion USD (163.9 billion yen) and run $ 195 billion USD (21.8 billion yen) in the second quarter of the year. Despite the decline in sales of digital cameras due to the influence of the market, however, continued growth in this sector attributed to the increase in sales of high value-added products, especially cameras free mirrorless and interchangeable as well as the increase in products with high value added.

At the same time, and for the Department of Home Entertainment and sound (HE&S), third-quarter sales fell by 9% year on year to reach US $ 2.45 billion (274.9 billion yen), while operating income recorded was constant on an annual basis with 218.7 million US dollars (24.5 billion yen) compared to the same period last year. It came as a result of sales of television sets and to models with high added value which is attributable mainly to the impact of foreign currency exchange rates and lower sales.

IFA 2018 Sony Stand 1

About Sony Middle East and Africa:

Sony Middle East and Africa m.M.H. A full subsidiary of Sony Corporation, which is the headquarters of the regional Middle East and Africa. The company operates in within the Department Sony Electronics Sony, recording media and energy, electronics and animation (audio systems in the car) products and Computer Entertainment (PlayStation) in more than 40 countries in the region.

Besides the trading stocks in Jebel Ali Free Zone in Dubai, run Sony Middle East and Africa process of the implementation of the multiple activities that includes logistics, sales, marketing, advertising and client services through partners and representative offices. Boosts a representative office in Kenya and Pakistan, in addition to 262 the Office of the third-party services recognized, the presence of Sony in the markets of importance in the region.

This theme Sony expects a 30% increase in operating profit annual for the fiscal year ending March 31, 2019 appeared on Engadget.

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