Sony on track to set new annual profit record
ANI | Updated: Nov 05, 2017 13:49 IST
The company which reported its biggest loss ever in 2012, of more than £3bn, aims to set a new high this year.
According to The Guardian, the company is on track to record a new annual profit and is expecting to beat its previous corporate best of £3.5bn by 20 percent.
Sony also stated that its film unit is one of the company's strongest performers and the driving point behind the expected profit margins.
Business is looking up for Sony Pictures in 2017, which is most likely set for its best year at the box office since 2014, owing to popular films such as Spider-Man: Homecoming, Baby Driver, and Blade Runner 2049.