Breaking News

DJI Agras T100, T70P and T25P Launches Globally Sony Introduces the RX1R III Razer Introduces Next-Generation Connectivity and Performance with New Thunderbolt 5 Dock and Core X V2 Transcend's New ESD420 Portable SSD Offers MagSafe Compatibility and Pro-Level Performance G.SKILL Trident Z5 DDR5 Memory and WigiDash Receives European Hardware Awards 2025

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Toshiba Set to Report Operating Profit Soar: report

Toshiba Set to Report Operating Profit Soar: report

Enterprise & IT Nov 10,2019 0

Toshiba will to post a seven-fold increase from a year earlier in Apr.-Sept operating profit, the Nikkei reported Sunday.

The company's core businesses seems to has stabilized. In a wide range of sectors, including the infrastructure and energy units, profitability improved and costs were cut, according the report.

Consolidated operating profit for the half-year ending September reached about 50 billion yen, or $460 million, roughly seven times that of the same period last year, Nikkei has learned.

Despite the 50 billion yen ($458 million) in operating profit in the six-month period, the company will report on Nov. 13 a net loss because of the weak performance of a chip-making subsidiary and deficits in its LNG business, the newspaper said.

After suffering huge losses in 2016 at its U.S. nuclear power plant business and spinning off its memory business in 2018, Toshiba has been restructuring its entire corporate structure.

Toshiba has shifted to a "profit-first" management, selling its PC business to Sharp in 2018 as part of that strategy.

However, semiconductor memory affiliate Kioxia -- formerly Toshiba Memory -- looks to have performed poorly.

The financial results for the April-September period will be announced on Wednesday.

Tags: Toshibafinance
Previous Post
LG Sues China’s TCL Over LTE Patents
Next Post
F-35 Pilot Helmets to Get an OLED Upgrade

Related Posts

  • Toshiba Canvio Flex 2TB

  • Toshiba expands storage evaluation services in EMEA with new HDD Innovation Lab

  • Toshiba Unveils New Canvio Flex and Canvio Gaming 2.5” Portable Hard Drives

  • Toshiba Collaborates with PROMISE Technology on Providing the Optimal Data Storage Technology for CERN’s Large Hadron Collider

  • Toshiba Announces 24TB CMR and 28TB SMR Enterprise Hard Disk Drives

  • Toshiba Canvio Flex 4TB

  • Toshiba Canvio Basics 1TB

  • Toshiba’s next-generation S300 Pro Surveillance HDDs for large-scale video surveillance systems

Latest News

DJI Agras T100, T70P and T25P Launches Globally
Drones

DJI Agras T100, T70P and T25P Launches Globally

Sony Introduces the RX1R III
Cameras

Sony Introduces the RX1R III

Razer Introduces Next-Generation Connectivity and Performance with New Thunderbolt 5 Dock and Core X V2
Gaming

Razer Introduces Next-Generation Connectivity and Performance with New Thunderbolt 5 Dock and Core X V2

Transcend's New ESD420 Portable SSD Offers MagSafe Compatibility and Pro-Level Performance
PC components

Transcend's New ESD420 Portable SSD Offers MagSafe Compatibility and Pro-Level Performance

G.SKILL Trident Z5 DDR5 Memory and WigiDash Receives European Hardware Awards 2025
Enterprise & IT

G.SKILL Trident Z5 DDR5 Memory and WigiDash Receives European Hardware Awards 2025

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed