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Sony rides high -- except in Hollywood

Film business bleeds while electronics and other entertainment segments profit

Losses by Sony's pictures and mobile phone segments have become a drag on a group busy rebuilding its TV and camera businesses.   © Reuters

TOKYO -- In its role as a Japanese technology conglomerate, Sony thrived on the earnings front during the first quarter. But when it comes to the big screens, Sony's alter ego as a movie company has seen better days.

Sony achieved a group net profit of 226.4 billion yen ($2.04 billion) for the three months ended in June, the company reported Tuesday. The bottom line soared 180% from a year earlier as sales climbed 5% to 1.95 trillion yen. Operating profit jumped 24% to a first-quarter record of 195 billion yen.

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