Toshiba logs 1st operating loss in 7 years

 Global Financial Crisis

    TOKYO, Jan. twenty-nine( Xinhua) — Toshiba Corp. projected Thursday which a association will jot down 280 billion yen( 3.11 billion U.S. dollars) in net as well as handling detriment in mercantile 2008 as peep mental recall prices were slumping as well as tellurian mercantile incident worsening.

    If which proves to be a box, a likely detriment will be a initial given mercantile 2001.

    In mercantile 2007, Toshiba logged a net distinction of 127.41 billion yen as well as an handling distinction of 238.10 billion yen( 2.64 billion dollars) .

    Meanwhile, a association additionally lowered a sales opinion for mercantile 2008 to 6.7 trillion yen( 74.44 billion dollars), down from a formerly estimated 7.7 trillion yen( 85.56 billion dollars) .    

Tags: Global Financial, Global Financial Crisis, jot, jot down, Tokyo, Xinhua Toshiba Corp

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