The Japanese electronics giant Sony said on Thursday that the quarter ending December 31, 2012, the net amount of the loss is substantially reduced, mainly due to the progress the company made in reversing the decline of the television business sustained and steady profit thanks to its financial subsidiaries.
Sony ended third quarter net loss amounted to 10.8 billion yen (1.1565 billion U.S. dollars), far lower than a year ago loss of 159 billion yen amount.
But Sony said, has been in business on the basis of shells rose to 46.4 billion yen profit from last year's loss situations.
Previously, told Thomson Reuters survey, analysts on average expected a profit of 72.13 billion yen.
The third quarter of the company's annual revenue growth of 6.9% to 1.948 trillion yen.
Sony shares market for stand up from the bottom of optimism and growing weaker yen also ignite. The weak yen is expected to lift Sony's profitability in Europe. Yen against the euro every derogatory 1 million will help Sony's operating profit for the year increased by 6 billion yen. Since announced in November last year, second-quarter profit for the year, Sony's stock price rose more than 60%.
And other Japanese consumer electronics industry by actively reforming the way, Sony will be as long as several years of record losses amount is gradually reduced. For Sony, that means solve the problems of its long-TV operations career situation.
Sony previously has said that, let the TV industry to return to profit in the new fiscal year began April already ahead of schedule.
As for the next (3) until the end of the fiscal year, Sony will continue its made in November last year profit outlook remains unchanged. It expected full-year net profit will reach 20 billion yen, operating profit of 130 billion yen, compared with 6.6 trillion yen in revenue.
Sony shares rose on Thursday by 3.31% to close at 1530 yen per share.
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