Sony to sustain operating loss of 260 bln yen in fiscal 2008 (People’s Daily)
January 22, 2009 by admin · Leave a Comment
Sony said on Thursday that it will suffer a record-high operating loss of 260 billion yen (2.92 billion U.S. dollars) in fiscal 2008 after hard hit by a stronger yen and shrinking sales of its electronics products amid the ongoing global financial upheavals. The major Japanese manufacturer of consumer electronics also estimated its net loss at 150 billion yen (1.69 billion dollars) in fiscal …
