Toshiba profit expected to triple

Author: EIS Release Date: Jun 2, 2020


Toshiba is expecting profits to triple for its financial year to the end of March.

Profit for the FY 2020 is estimated at $1.2 billion.

Revenues are forecast to be $32 billion。

The company estimated the impact of the coronavirus as reducing revenues by $373 million and profits by $186 million.