Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Stars join call to #FreeCyntoiaBrown

Read more

EYE ON AFRICA

Emmerson Mnangagwa to be sworn in as President on Friday

Read more

THE DEBATE

Hard bargaining: Lebanon prime minister returns and suspends resignation

Read more

THE INTERVIEW

Keepers of the flame: Native American communities seeking to protect their cultural legacy

Read more

FOCUS

Tunisians disillusioned, seven years after revolution

Read more

ACCESS ASIA

Indonesia: New orangutan species found in Sumatra

Read more

MIDDLE EAST MATTERS

Meet the 16-year-old behind the hijab emoji

Read more

ENCORE!

Film show: 'Battle of the Sexes', 'Jupiter’s Moon', 'Reinventing Marvin'

Read more

IN THE PAPERS

Robert Mugabe resigns: 'Hip Hip Harare'

Read more

Business

Electronics giant Sharps reports $1.3 bln annual loss

Latest update : 2009-04-27

Japanese electronics giant Sharp Corp. announced Monday an annual net loss of $1.3 billion as a result of the global economic downturn. Sharp is not the only Japanese manufacturer badly hurt by the crisis.

AFP - Japanese electronics giant Sharp Corp. announced Monday an annual net loss of 125.82 billion yen (1.3 billion dollars), but forecast a return to profit in the current business year to March.

Sharp, which like other Japanese manufacturers has been badly hurt by the global economic downturn, predicted a net profit of 3.0 billion yen this year.

Date created : 2009-04-27

COMMENT(S)