Sharp expects to post 180 billion yen loss in current year: report

By

Japan's struggling electronics maker Sharp Corp is set to post a net loss of 180 billion yen ($1.45 billion) in the current year through next March, Kyodo News reported on Thursday, without citing sources.

Sharp last month secured a $1.9 billion bailout, its second major bank-led rescue in three years, and reported a net loss of 222 billion yen in the last fiscal year, its third net loss in four years.

Tags
Sharp Corp

© Reuters All rights reserved.

Join the Conversation

Real Time Analytics