Japan's Toshiba boosts profit on devices, auto sector demand

Japan's Toshiba boosts profit on devices, auto sector demand

2 years ago
Anonymous $33nAR-2OaA

https://apnews.com/47c1a7b7eac4884bce4bafa9e4d121f9

TOKYO (AP) — Toshiba reported a 44% improvement in profit in the last quarter as the Japanese technology giant worked to revamp its brand image and reassure investors about its management.

Tokyo-based Toshiba Corp. said Wednesday that it recorded a 25.9 billion yen ($192 million) profit in the April-June period, up from 18 billion yen the year before. Quarterly sales rose nearly 2% to 740.7 billion yen ($5.5 billion).