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 Japan's Sharp to book $6.2 million net loss

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Japan's Sharp to book $6.2 million net loss Vide
PostSubject: Japan's Sharp to book $6.2 million net loss   Japan's Sharp to book $6.2 million net loss Icon_minitimeMon Apr 09, 2012 11:57 pm
Japanese electronics giant Sharp is likely to report a net loss of nearly 400 billion yen (S$6.17 million) for the business year that ended in March, a report said on Tuesday.

Slackness in its mainstay liquid crystal display (LCD) television business will drag the numbers below the earlier forecast loss of 290 billion yen, Jiji Press reported, without naming its sources.

The firm will announce its full year earnings report on April 27.

Last month, Sharp announced a deal with Taiwan's Hon Hai Precision as part of an LCD panel tie-up as it looks to reverse recent losses.

http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_787185.html
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