Sony reports record net loss of $6.4 billion April 10, 2012 - 11:37 AMT PanARMENIAN.Net - Sony Corp. said on Tuesday, April 10, it will post a record net loss for the year that ended March 31 of 520 billion yen ($6.4 billion), more than double a February forecast as a result of additional tax expenses. The consumer electronics company, said, however, it plans to return to an operating profit this financial year, forecasting a profit of 180 billion yen after an estimated loss of 95 billion yen for the year just ended, Reuters reported. Partner news  Top stories Finance Minister David Sargsyan met with the regional director of KfW German Development Bank Lars Oermann. The government has said it expects its debt burden to rise to 90.5% of GDP at the end of 2013 but it may have to revise the forecast. According to the agreement, 300 000 euro will be allocated to preparation of a feasibility report for Ararat valley flooding system. Flights will depart from Sharjah International Airport on Tuesdays and Fridays, Air Arabia said in a statement.   Partner news |  Latest news Jennifer Lopez joins Antonio Banderas in “The 33”  In the film, 33 miners were trapped for 69 days before they were freed during a rescue operation that received extensive media coverage.Vin Diesel in “Riddick” action sci-fi trailer (video) The film sees Vin Diesel's eponymous anti-hero left for dead on a planet populated by a brutal and deadly alien race.New details on Yuri Gagarin air crash revealed Fellow cosmonaut Alexey Leonov claims an "unauthorised" plane flew too close to Gagarin's fighter jet, sending it into a spin.2 dead as minibus on Yerevan-Aleppo route hits taxi in Turkey Armenian citizen Tila Papikyan was taken to Yerevan-based Erebuni medical center; those injured were offered medical help on site. |
