Sony Music posts full-year operating profit - as parent suffers record loss
Thursday, May 10th 2012 at 9:30AMSony's Music division posted an operating profit of 36.9bn Yen (£287m) for the year to end of March 2012, on sales of 442.8bn Yen (£3.49bn).
Annual operating profit was down by 2.0bn Yen (£15.55m) for the period, whilst sales dropped 5.9%.
In its Q4, the division posted an operating profit of 3.2bn Yen (£25m) - down 0.6bn Yen (£4.7m) from last year - on sales of 106.1bn Yen (£825m).
However, it was a rocky time for parent Sony Corp, which ...
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