Sharp quarterly income for the year decreased by 20%, but the loss turned to profit

The company Sharp has published a report for the quarter, which ended June 30. The Japanese manufacturer it was the first quarter of 2018 fiscal year.

The reporting period brought a Sharp income 5,77 billion. This is 19.6% higher than a year ago. During the quarter were obtained operating profit of $ 155 million. For comparison, the first quarter of the 2017 financial year ended with a net loss of $ 24.6 million.

Sharp assets as at the end of the quarter was estimated 16.03 billion. The obligations of the company consists of 13.25 billion.

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