Stocks

Sony Films hits $212 Million profit in third quarter amid Coronavirus

Sony Films hits $212 Million profit in Q3

Sony Films and TV company hits 20% profit in this third quarter. This Japanese company posts $212 net profit from its films and TV company.

In the year 2019, Sony films and tv collected $51 million in profit.
From October to December 2020, profits gain to 20% and hit a new $212 million point.

Sony Music records company also gains a 21% increase in revenue.

Now after this quarter revenue updates, the company also expects a much higher profit from this year till March 2021.

Stock market today Wednesday Updates

Today’s market also goes well for Amazon Stocks with a growth of 1.11% or an increase in the stock price of 37 USD.
CCIV Stocks prices increased more than expected with a 27.29% growth. And currently, the CCIV stock price is $32.14.
Alibaba Group Holding Ltd or baba stocks hit badly and get a loss of 3.81%. Now baba stock price is $254.50.

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Sarah Jackson

Sarah Jackson is dedicated writer on Finance latest trends topics and have enormous knowledge in Finance & Accounting. Sarah is from Leeds, United Kingdom. Her finance and english skills are of top level and able to deal all kind of topics in same category. She also worked in London Stock Exchange.

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