Japanese electronics giant Sony said on Thursday that its net loss from April to December shrank 75 percent year on year and added that it remains on track to achieve its forecast of a full-year profit.
The company said it lost 50.87 billion yen ($544 million) in the nine months, compared with a 201.45 billion yen loss in the same period a year earlier, while it expects to book a 20 billion yen net profit in the year to March.
Sony April-December loss shrinks 75%