Sharp FY results better than expected

Monday 12 May 2014 | 10:46 CET | News
Sharp reported better-than-expected results for its fiscal year to March 2014, thanks to healthy demand in its home market. Demand was stronger for its Digital Information equipment and Health and Environmental equipment ahead of the increase in sales tax Japan, and the company's solar cells and generation business also did better than expected. As a result, annual sales came in at JPY 2.927 trillion, ahead of the JPY 2.90 trillion previously forecast, and operating profit reached JPY 108.6 billion, versus an outlook of JPY 100 billion. Net profit was more than double the previous guidance,

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Categories: General
Companies: Sharp
Countries: Japan / World
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