By Kosaku Narioka
Sony Group reported a rise in fourth-quarter net profit thanks to stronger earnings from its game and movie businesses.
The Japanese entertainment and electronics company said Tuesday that net profit rose 34% from a year earlier to 189.005 billion yen ($1.21 billion) for the three months ended March. That beat the estimate of Y149.71 billion in a poll of analysts by data provider FactSet.
Fourth-quarter revenue climbed 14% to Y3.481 trillion.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
05-14-24 0241ET