Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Sharp Increases Profit Forecast
Oct 2, 2003
 Printable format
 Email this Article
 Search

Sharp Corp. said that it expects an 18-percent on-year gain in its interim group net profit due to brisk sales of its high-margin core electronics products such as camera-equipped mobile phones and liquid crystal display (LCD) televisions.

The Japanese consumer electronics maker now forecasts a group net profit of Y27 billion (approx. U.S. $243.4 million) for the fiscal half ended Sept. 30, 2003, compared with a year-earlier profit of Y22.90 billion.

Group operating profit is now estimated to have climbed 19 percent to Y58 billion, while group revenue is expected to have risen 12 percent to Y1.09 trillion from Y971.77 billion.

The amounts forecast all represent record highs for the fiscal half, a Sharp spokesman said.

The company said it will update its full-year earnings estimates when it reports its interim results on Oct. 29, 2003.

Sharp said in April it expects a group operating profit of Y110 billion, a net profit of Y50 billion and revenue of Y2.15 trillion this fiscal year.

This is the first time Sharp has released a fiscal half outlook. (Dow Jones)

Back to Daily News

 

Daily News

...........................................................

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows