It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
Sharp sees first profit in two years Sharp sees first profit in two years
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Sharp sees first profit in two years
Thread Tools
Old 4th February 2017, 13:57   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 110,636
Stefan Mileschin Freshly Registered
Default Sharp sees first profit in two years

Sharp posted its first quarterly net profit in over two years as the Japanese LCD maker pressed ahead with cost-cutting measures under its new Foxconn owners.

Sharp raised its operating profit forecast to $329.85 million for the year ending in March from an earlier forecast of $227 million.

Net profit was $37,136,400 for October-December, compared with a $218,348,000 loss in the same period a year earlier. It was the first profit on a net basis since July-September 2014.

The return to profit comes as Sharp uses Foxconnís mighty parts procurement power, reviewed the lineup of products and implemented various measures to cut fixed costs.
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Tesla posts first profit in two years Stefan Mileschin WebNews 0 28th October 2016 07:09
Lenovo sees profit jump Stefan Mileschin WebNews 0 18th August 2016 17:01
Samsung's highest profit in two years comes thanks to the S7 Stefan Mileschin WebNews 0 10th July 2016 14:08
Corsair Extends Select PSU Warranties from 7 Years to 10 Years Stefan Mileschin WebNews 0 10th April 2016 14:17
HTC sees its first quarterly sales rise in three years Stefan Mileschin WebNews 0 8th January 2015 14:50
Lenovo sees a 19 per cent jump in profit Stefan Mileschin WebNews 0 7th November 2014 07:54
AOLís profit slumps Stefan Mileschin WebNews 0 9th May 2014 07:13
Toshiba's 2012 Q3 makes $322 million net profit, sees a future in nuclear Stefan Mileschin WebNews 0 1st February 2013 06:33
Broadcom's 2012 Q3 sees $2.13 billion sales turn into a $220 million profit Stefan Mileschin WebNews 0 25th October 2012 07:01
ARM sees profit surge 23 percent, tests forecasters' patience Stefan Mileschin WebNews 0 26th July 2012 07:19

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 03:28.

Powered by vBulletin® - Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO