| ||Thread Tools|
|4th February 2017, 13:57||#1|
Join Date: May 2010
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.
|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|