Toshiba posts USD317m gross loss in last FY


(MENAFN) Toshiba Corp., the giant tech Japanese firm registered USD317 million in net losses for the previous fiscal year which ended in March.

The loss is mainly attributed to asset impairment charges, however, in 2013's fiscal year; the company logged a net profit of USD505.4 million.

Meanwhile, its operating profit followed by plunging 33.7 percent compared to last year to reach USD14 billion, based on released reports.


MENAFN

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