Tuesday, June 15, 2021

SONY’S PROFITS DROWN IN THAI FLOODS

February 2, 2012 by · Leave a Comment 

Last fall’s devastating floods in Thailand played havoc with Sony’s ability to fulfill orders and were largely responsible for the company’s $2.04-billion net loss in its last quarter, CFO Masaru Kato said in a conference call today (Thursday). “Several production facilities in Thailand suffered direct damage during the floods and supply chains across the region […]