Money
Toshiba to report first quarter operating loss of over ¥10b
Monday, 14 Sep 2015 1:40 PM MYT
TOKYO, Sept 14 — Toshiba Corp is set to report an operating loss of more than ¥10 billion (RM356.792 million) in the April-June quarter hurt by weakness in the consumer electronics business, the Nikkei business daily reported.
Toshiba last reported a first-quarter loss three years ago, and posted a profit of ¥47.6 billion in the year-earlier quarter, the Nikkei said.
Toshiba, which disclosed earlier this year that it overstated past profits, is due to report its delayed April-June results today. — Reuters
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