Sharp said its net profit in the April-September period surged 78.9% from a year earlier to 42.52 billion yen ($372 million), helped by rising sales of devices and increased profitability in its display business, The Japan Times reported.
Sales in the first half of fiscal 2021 rose 6.5% to 1.22 trillion yen, while operating profit advanced 31.6% to 39.02 billion yen, according to Sharp, a unit of Taiwan’s Hon Hai Precision Industry Co.
The Osaka-based company is looking to re-enter the US television market in 2022, five years after withdrawing due to poor performance. “We want to regain our reputation as a premium brand,” Katsuaki Nomura, Sharp’s president, said.
Read the full report: The Japan Times
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The post Sharp’s First-Half Profit Rises 79%: Japan Times appeared first on Asia Financial.
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