Sony’s net profit more than triples in second quarter

Japanese tech giant Sony saw its net profit more than triple in the April-to-June quarter, helped by strong sales of its PlayStation 4 games and camera sensors.

Its net profit rose to 82.4bn yen ($664m; £425m), while operating profit also rose 39% – well above expectations – to 96.8bn yen.

But sales were flat in the period from a year ago, down 0.1% to 1.8tn yen.

A weaker yen offset lower sales of its smartphones and televisions, it said.

Sales in Sony’s game and network services division, however, jumped more than 12% on PS4 software sales.

The PS4 video game console is outselling competitor Microsoft’s Xbox One and Nintendo’s Wii U.

The results also reflected 4.7bn yen of insurance recoveries “related to losses incurred from the cyber-attack on Sony’s network services including the PlayStation Network” in the 2011-12 financial year, the company said in a statement on Thursday.