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Toshiba Tec reports latest financial results

August 7, 2019

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).

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