TOKYO: Sony Group Corp’s operating profit rose 8% in the second quarter, the company said on Tuesday, beating analyst estimates, as higher profit in areas including music offset weakness at the gaming unit.
Sony booked a profit of 344 billion yen ($2.32 billion) in the July-September quarter. That compared with an estimate of 300 billion yen from 10 analysts polled by Refinitiv.
The entertainment conglomerate sold 3.3 million units of its PlayStation 5 (PS5) console in the second quarter, equal to sales in the same period a year earlier. Sony plans to ramp up production of the PS5, which has been affected by supply chain snarls, and broaden its games portfolio on other platforms.
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PlayStation launched a remake of “The Last of Us” in September with “God of War Ragnarok” due for release in November for the year-end shopping season.
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