Breaking News

Razer Unveils Raiju V3 Pro Samsung announces Galaxy XR headset Leica M EV1 – the first M-Camera with an integrated electronic viewfinder Micron Delivers Industry’s Highest Capacity SOCAMM2 for Low-Power DRAM in the AI Data Center KIOXIA launches EXCERIA PLUS G3 and EXCERIA G3 microSD cards for exceptional photography and video performance

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 First in Industry to Verify 12-Disk Stacking Technology for Hard Drives

  • 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

Latest News

Razer Unveils Raiju V3 Pro
Gaming

Razer Unveils Raiju V3 Pro

Samsung announces Galaxy XR headset
Consumer Electronics

Samsung announces Galaxy XR headset

Leica M EV1 – the first M-Camera with an integrated electronic viewfinder
Cameras

Leica M EV1 – the first M-Camera with an integrated electronic viewfinder

Micron Delivers Industry’s Highest Capacity SOCAMM2 for Low-Power DRAM in the AI Data Center
Enterprise & IT

Micron Delivers Industry’s Highest Capacity SOCAMM2 for Low-Power DRAM in the AI Data Center

KIOXIA launches EXCERIA PLUS G3 and EXCERIA G3 microSD cards for exceptional photography and video performance
Cameras

KIOXIA launches EXCERIA PLUS G3 and EXCERIA G3 microSD cards for exceptional photography and video performance

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

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