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Sony reported a 18% jump in first-quarter profit on a strong image-sensor business

FILE PHOTO, Sony image sensors and are displayed at the company headquarters in Tokyo, Japan, on November 27, 2017. The photo was taken on November 27, 2017. REUTERS/Toru Hanai

TOKYO (Reuters) – japan’s Sony Corp (6758.T) on Tuesday reported a 18.4 percent rise in first-quarter operating profit, beating market expectations, thanks to strong performance of the image sensor in the industry.

The electronics company posted an operating profit of 230.9 billion yen ($2.1 billion) for the April-June quarter, 195.01 billion yen a year earlier.

This was above the consensus estimate of 173.61 billion yen of 8 analysts surveyed by Refinitiv.

($1 = 108.6200 of yen)

Reporting Makiko Yamazaki; Editing by Stephen Coates

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