Despite the 50 billion yen ($458 million) in operating profit in the six-month period, the company will report a net loss because of the weak performance of a chip-making subsidiary and deficits in its LNG business.
TOKYO: Toshiba Corp. is set to post a seven-fold increase from a year earlier in Apr.-Sept operating profit, the Nikkei reported Sunday, without saying where it got the information.
Despite the 50 billion yen ($458 million) in operating profit in the six-month period, the company will report a net loss because of the weak performance of a chip-making subsidiary and deficits in its LNG business, the newspaper said.
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