How Sony Can Double Its Profit This Year

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Sony Corp.’s (6758.Japan/SNE) can boost its operating profit for the fiscal year ending next March to 500 billion yen, almost doubling the current fiscal year’s 253 billion, according to Macquarie Research. But 2017 won’t be the peak year for Sony. Analyst Damian Thong sees Sony’s profit to grow a further 13% in 2018 to an all-time high of 565.6 billion yen for the fiscal year ending March, 2019.READ MORE.

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