Sony group second quarter net profit falls 25 pct on year

TOKYO (AFP) Oct 23, 2003
Global electronics giant Sony Corp.'s group net profit fell 25.3 percent in the three months to September to 32.9 billion yen (300 million dollars), down from 44.1 billion yen a year earlier due to higher corporate income tax payments, the company said Thursday.

Pre-tax profit fell 9.8 percent to 4.41 billion yen in the September quarter from 4.88 billion yen a year earlier, Sony said in a statement.

In contrast, group sales rose slightly to 1.797 trillion yen in July-September from 1.789 billion yen in the same quarter of last year.

SPACE.WIRE