The company reported its financial results for the quarter which ended 30 June 2019.
Toshiba Tec announced net sales for the quarter which ended 30 June 2019, of ¥116.55 billion ($1.096 billion/ €980.61 million) which is up 1.9 percent for the corresponding period of the previous fiscal year. Operation profit for the quarter was down 4 percent to ¥4.1 billion ($38.58 million/ €34.49 million).
Toshiba said in its report it is not revising the forecasts for the full financial year so these are standing at net sales total ¥480 billion ($4.517 billion/ €4.038 billion) for the full year with an operating profit of ¥20 billion ($188.22 million/ €168.27 million).
Basic earnings per share were ¥76.46 ($0.72/ €0.64) for the recent quarter, which is up from the same period of the previous fiscal year where it was ¥29.27 ($0.27/ €0.24).
