Toshiba’s net profit for April-September was $ 33 million

News

Toshiba’s net profit for April-September was $ 33 million

12.11.2020 News

The Japanese electronics giant Toshiba Corporation in the first half of the 2020-2021 fiscal year (ended September 30) earned a net profit of 3.493 billion yen ($ 32.95 million) against a loss of 145.146 billion yen ($ 1.3 billion) a year earlier. it is said in the company’s reporting.

The company’s operating profit was 3.114 billion yen ($ 29.4 million), which is 16.7 times lower than a year ago. Revenue fell 19.8 percent to 1.371 trillion yen ($ 12.9 billion). The company does not indicate the earnings per share for the first half of the year.

In the second quarter, Toshiba’s net profit was 14.8 billion yen ($ 140 million) against a loss of 4.9 billion yen ($ 44.9 million) a year earlier. Revenue fell 14 percent to 771.562 billion yen ($ 7.2 billion). The company also does not indicate the earnings per share for the second quarter. Operating profit fell 2.8 times year on year to 15.749 billion yen ($ 148.6 million).

The company notes that compared to last year, forecasts operating profit for the 2020-2021 fiscal year at 220 billion yen ($ 2 billion). The company’s losses in the current fiscal year caused by the coronavirus pandemic amounted to 70.2 billion yen ($ 668 million)

Other articles

  • Tesla will sell shares for $ 5 billion
    News

    Tesla will sell shares for $ 5 billion

    Electric car maker Tesla has agreed with brokerage companies to sell its shares for a total of $ 5 billion. This was reported by Bloomberg, citing documents submitted to the US Securities and Exchange Commission (SEC). The shares will be sold at the market price. This is the third sale of Tesla shares in 2020. […]

  • BlackBerry shares have soared. The company will start working with Amazon
    News

    BlackBerry shares have soared. The company will start working with Amazon

    Shares of BlackBerry jumped sharply on auction on December 1 after the news of a partnership with Amazon Web Service. TechCrunch writes that together they will develop and sell a service for connected cars – IVY platform. Stock quotes at the beginning of trading on the New York Stock Exchange (NYSE) rose by 35%. The […]

  • Airbnb will try to get an estimate of $ 35 billion for an IPO
    News

    Airbnb will try to get an estimate of $ 35 billion for an IPO

    According to Bloomberg, citing documents submitted to the Securities and Exchange Commission (SEC), the short-term rental service Airbnb plans to raise $ 2.6 billion in listing in the US and receive an estimate of $ 35 billion. If the company manages to raise $ 2.6 billion, Airbnb’s placement will be the fourth largest IPO in […]

  • Salesforce announced the purchase of Slack messenger for $ 27.7 billion
    News

    Salesforce announced the purchase of Slack messenger for $ 27.7 billion

    Salesforce is one of the world’s largest players in the cloud computing sector. They will buy Slack Technologies, the owner of Slack’s corporate messenger. The Wall Street Journal reports, Messenger will cost Salesforce $ 27.7 billion, which will be the largest acquisition of the company in its history. The terms of the deal include that […]

  • Boeing shares rose by 6.7% after 737 MAX flight permission
    News

    Boeing shares rose by 6.7% after 737 MAX flight permission

    Before starting flights, Boeing will need to comply with a number of regulatory requirements – retrain pilots and update aircraft software. Boeing shares in the premarket rose by 6.73% to $ 234.16 per share, according to previous trading data. The head of the US Federal Aviation Administration (FAA), Steve Dickson, has signed an order allowing […]

  • Walmart’s net profit for February-October increased by 44%
    News

    Walmart’s net profit for February-October increased by 44%

    The consolidated net profit of the world’s largest retail chain, American Walmart, for the nine months of 2020-2021 fiscal year (February-October 2020) increased by 44% and amounted to $ 15.714 billion, according to a press release. Walmart’s adjusted net income per share for the nine months was $ 5.48 against $ 3.74 in the same […]

  • Nissan Motor suffered a loss of $ 3.1 billion
    News

    Nissan Motor suffered a loss of $ 3.1 billion

    The net loss of the Japanese automaker Nissan Motor in the first half of 2020-2021 fiscal year amounted to 330 billion yen ($ 3.1 billion) against a profit of 65.4 billion yen (about $ 620 million) a year earlier, follows from the financial statements of the company. The loss per share was 84.33 yen ($ […]

Read also

Toshiba’s net profit for April-September was $ 33 million
News

In Kiev passed OSAC quarterly meeting dedicated to providing business

December  7, 2015 in Kiev in Radisson Blu Hotel passed a regular consultation meeting Overseas Security Advisory Council (OSAC). OSAC is an advisory body on security of US citizens and businesses abroad. It operates under the auspices of the US State Department. OSAC activities abroad aimed at cooperation in the security business. The composition of […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

Johnson & Johnson suspends the study of the COVID-19 vaccine due to unexplained disease in the participant

Shares of the Johnson & Johnson may slow because the last stimulus to it was the company’s transition to the final clinical trial of the vaccine against COVID-19 on September 23, after which the shares rose by more than 5%. However, as of Tuesday, before the opening of trading, the price of J&J shares did […]

Next
15
Analytics

Kyiv Real Estate Market: a note for investor

Real estate market is one of the most development in the modern Ukrainian economy. We have mentioned about this topic on the LDaily pages, have analysed the main tendencies and provide the information about judicial aspects of interrelations formation with the builder within our special Construction scram  project to our readers. Today we propose to […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

Nomura Holdings buys 41% stake in American Century Investments for $ 1 billion

Many  large Japanese companies continue to expand  their presence in the international financial sector, they invest  to promising companies. Major Japanese financial  company Nomura Holdings acquires from Canadian Imperial Bank 41% stake  of the US investment company American Century Investments. Canadian Imperial Bank acquired this piece at American Century Investments in 2011 for $ 848 […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

Ukrainian banks have earned 30 billion hryvnias in six months

In the first half of the year, Ukrainian banks received UAH 30.077 billion in net profit (+ 26.4% compared to last year), according to the press service of the National Bank. Thus, banks’ revenues for the six months amounted to 124.134 billion hryvnias against 128.620 billion hryvnias a year earlier. The negative result from revaluation […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

Deutsche Bank was able to resolve the conflict with the United States: the case is closed

Deutsche Bank was able to resolve the conflict with the US regulator, agreeing with the charges of tax evasion and taking on the obligation to pay a fine in the amount of $ 95 million. It is reported by financial portal MinFin with reference to the foreign sources. In a statement, the bank’s press secretary […]

Next
sweden30
Analytics

Ukraine — Sweden: the centuries-old traditions of cooperation are continuing

During the times of Kyivan Rus people which came from Scandinavia, the Vikings, were often called Varangians. In the 19th century, according to the chronicle, they had not only strong trade but also political relations with Russia (it is worth mentioning that the wife of Yaroslav the Wise, princess Ingigerda, was the daughter of Swedish […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

AT&T’s quarterly revenues exceeded estimates after adding 645,000 new telephone subscribers

Shares of AT&T, which have lost 27.6% of value since the beginning of the year, rose up to 5.8% on Thursday after the publication of better-than-expected Wall Street analysts, earnings for the 3rd quarter, which ended on September 30. AT&T reported earnings per share of $ 0.76, which is 19% below last year’s value, but […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

The Russians sold the Radisson Hotel: buyer’s name was not disclosed

Representatives of the Russian corporation Hotel Development reported the signing of an agreement for the sale of the hotel Radisson Blu Hotel Kiev Podol, previously owned by foreign shareholders. Estimated value of the transaction is approximately $ 10 million. With regard to information about the new owner of the four-star hotel in the prestigious district […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

Ukrsotsbank initiated a criminal case against agro-industrial holding “Creative”

“Ukrsotsbank” obtained the criminal case against the “Creative”, –  reported Finclab. In “Ukrsotsbank” commented that on January 14, 2016 by investigators of the National Police was opened a criminal case (№12016100000000014, Article 191 part 5) on the fact of abuse of office and embezzlement of “Ukrsotsbank” in large-scale by employees of agricultural holding “Creative”. According […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

BMW will pay $ 18 million fine for distorting sales figures

BMW has agreed to pay 18 million dollars fine for distortion of sales data for five years. About it with reference to the Commission on securities and stock exchanges of the USA. According to the commission, from 2015 to 2019, BMW maintained a reserve of unaccounted for car retail sales, which it used to achieve […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

Salesforce announced the purchase of Slack messenger for $ 27.7 billion

Salesforce is one of the world’s largest players in the cloud computing sector. They will buy Slack Technologies, the owner of Slack’s corporate messenger. The Wall Street Journal reports, Messenger will cost Salesforce $ 27.7 billion, which will be the largest acquisition of the company in its history. The terms of the deal include that […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

WOG will cooperate with Ukrzaliznytsia

On Thursday, January 19 it was a press conference with the top management of the company WOG. As we have noted in the previous news, its top management discussed topical issues on the development and expansion of its business in the current year. One of the points of the plan for the improvement of the […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

The regulator took away the license from Donetskblgaz

The National Commission for Energy and Utilities has revoked the license of Donetskoblgaz, Ukrinform reports. “To revoke the license of PJSC Donetskoblgaz for the right to conduct economic activity in the distribution of natural, oil and gas (methane) coal deposits, issued in accordance with the resolution of the National Electricity Regulatory Commission of Ukraine,” the […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

Bosch will create a new production in Ukraine

Representatives of the Antimonopoly Committee of Ukraine approved the deal between the German company Robert Bosch GmbH and the Chinese home appliance manufacturer Guangdong Vanward New Electric. It is about creating a joint venture on the territory of Ukraine. It is expected that production will specialize in the production of components for cars, gas appliances […]

Next
Toshiba’s net profit for April-September was $ 33 million
News

The court found guilty the NBU in bankruptcy of the Ukrgazprombank

The Kyiv Administrative Court of Appeal  found guilty the National Bank of Ukraine (NBU) in bankruptcy of the Ukrgazprombank. This is stated in the judgment from  April 26 in the case N826 / 26255/15, writes UBR. The NBU actions were called “illegally inactive” by the decision. Thus, was confirmed the decision of the previous court – the District […]

Next