OSAKA -- Sharp said on Friday it will likely post a group net loss of 27.1 billion yen ($239 million) for the year through March, far smaller than the 37.2 billion yen loss it previously forecast.
On a pretax basis, the Japanese electronics manufacturer expects to post its first group profit in three years, at 9.9 billion yen. The previous year, Sharp logged a loss of 192.4 billion yen.
The company maintained its full-year sales forecast at 2.05 trillion yen, down 17% on the year. read the rest here