Sony first half net profit dives 78% on strong yen, battery unit sale
Tokyo economy
Tokyo - Arab Today
Sony said Tuesday its fiscal first half net profit dived owing to a sharp rally in the yen and losses linked to the sale of its battery business.
The Japanese electronics giant, which has been shedding assets as part of a broad restructuring, said it had a 26 billion yen ($248 million) net profit in the six months through September, down nearly 78 percent from a year ago.
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