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Sega Posts Strong Half Year Results
10.16.03 - 9:54 AM
Sega has reported better than expected financial results for the first half of the current fiscal year. Instead of the originally projected 200 million yen ($1.83 million US) of consolidated net profit, the company posted a profit worth 5.7 billion yen ($52.05 million US), thereby improving on the figure from last year's last first half by 5.6 times. Sega cited continued popularity of its arcade facilities as well as strong demand for its line-up of PlayStation 2 titles in Japan and overseas as main reasons for the results. During the first six month consolidated sales reached 94.2 billion yen ($860.20 million US), compared to previous estimates speaking of 6.2 billion yen ($56.62 million US).
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