Toshiba Posts Q2 Loss, Operating Income Climbs; Now Sees Loss In FY23

Japanese conglomerate Toshiba Corp., which is going private, on Tuesday reported a loss in its second quarter, compared to prior year's profit, while operating profit climbed from last year. Net sales also declined from last year. Looking ahead for fiscal year 2023, the company now expects a net loss, compared to previously expected profit. Further, targets for operating profit and net sales.

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