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Battered Sony sees return to profit

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Battered Sony sees return to profit

E
euronews (in English)

6 Views • May 10, 2012

Description

Sony has announced a record loss of 4.4 billion euros in the year just ended, but is predicting a return to profit in the current financial year.

With cost cuts and layoffs the Japanese consumer electronics giant aims to halve the losses in its TV business which has been hemorrhaging money.

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http://www.euronews.net/