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Sales Of $18 Billion Will Boost Toshiba's Annual Profit By 33%.
According to Reuters Beijing time on May 15th, Toshiba Co said on Tuesday that the company's net profit in the fiscal year is expected to rise by 33%, due to the profit from the $18 billion store sale transaction. Toshiba today released its financial report for the 2017 fiscal year. Financial reports showed that Toshiba's 2017 revenue was 3 trillion and 947 billion 600 million yen (about $35 billion 974 million), down 2% from 4 trillion and 43 billion 700 million yen in the previous year, and net profit of 804 billion yen (about $7 billion 327 million), with a net loss of 965 billion 700 million yen in the previous year.
Industry Information 2018-05-16 10:14:54 5862
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