FuFu Wolf via flickr
Loss per share was 294.6 yen ($ 2.68) versus profit of 1,603.62 yen ($ 14.6) in the same period a year earlier. The company's operating profit amounted to 62.5 billion yen (569.5 million dollars), which is 7.6 times more in annual terms. Sales revenue fell 7% to 2.458 trillion yen ($ 22.4 billion).
In the third quarter, the company received a net loss of 480 million yen ($ 4 million), which is significantly less than the loss of the previous year of 60.5 billion yen ($ 551 million). Revenue from sales decreased by 14%, to 747.18 billion yen ($6.8 billion).
The company predicts revenue for the fiscal year 2019-2020 at 3.4 trillion yen ($ 31 billion), and operating profit - at 140 billion yen ($ 1.28 billion). This forecast remained unchanged compared to what the company expected in November.
Toshiba Corporation is Japan's largest manufacturer of computer memory cards. The company, founded in 1875 in Tokyo, specializes in the production of ultra-precise electronics and electrical engineering, integrated circuits, industrial computers, cell phones, LCD TVs, elevators.
source: bloomberg.com
In the third quarter, the company received a net loss of 480 million yen ($ 4 million), which is significantly less than the loss of the previous year of 60.5 billion yen ($ 551 million). Revenue from sales decreased by 14%, to 747.18 billion yen ($6.8 billion).
The company predicts revenue for the fiscal year 2019-2020 at 3.4 trillion yen ($ 31 billion), and operating profit - at 140 billion yen ($ 1.28 billion). This forecast remained unchanged compared to what the company expected in November.
Toshiba Corporation is Japan's largest manufacturer of computer memory cards. The company, founded in 1875 in Tokyo, specializes in the production of ultra-precise electronics and electrical engineering, integrated circuits, industrial computers, cell phones, LCD TVs, elevators.
source: bloomberg.com
