"TV sets are very popular in China, and demand for smart phones and flat-panel displays is also strong," said Harvard Executive Vice President Nomura Nomina at the press briefing.
Sharp announced on the 27th, ending in September net profit of 20.2 billion yen (about NT $ 5.41 billion), reversing a loss of 17.9 billion yen a year ago, the performance is better than analysts forecast, for even four seasons to make money. From the first half of April to September, the net profit reached 34.7 billion yen (about NT $ 9.9 billion), reversing a loss of 45.4 billion yen a year ago; revenue in the first half jumped 21 percent to 1.12 trillion yen.
Sharp and revised annual profit forecast, that the end of March next year, the annual net profit of up to 69 billion yen, higher than the company's original estimate of 59 billion yen, also better than analysts estimated 54.8 billion yen. After the profit target can really be reached, will be the first time in four years, the annual surplus of Sharp last year, a loss of 24.9 billion yen.
The company said the strong financial performance, including: medium and small LCD panels and LCD TV sales strong, and cost-effective strategy to benefit from the panel boom rejuvenation, Sharp last season, "advanced display system sector" (including their own brand TV , Large-size LCD panel and small and medium size LCD panel) revenue 271.9 billion yen, an increase of 43%; operating profit of 9.6 billion yen, 78 billion yen loss over the same period last year, is the biggest hero.
Sharp in August last year, officially acquired by the Taiwan Hon Hai Group, a major Japanese electronics company sold to foreign first case.Honghai Group to start after the reorganization measures, including cutting costs, to help Sharp camp on the recovery track, but also to Sharp shares this year To 33%.
Sharp President Dai Zhengwu in August to attend the "Taiwan Sharp set up and served as president of the annual report", on the forecast Sharp 7-9 month is expected to make money for the fourth consecutive season, ahead of schedule last year to take over the set of one to two years Loss of profit "target.
Sharp is hoping to obtain high-quality TV group, intelligent home devices and medical equipment and preservation system advanced display and other areas of technical superiority, in June has also applied for a return to the East card.
Bloomberg Gadfly columnist Tim Culpan said that in the past, the seller's analyst was always bearish on Sharp, and if investors had followed Bloomberg's 12-day analysts' advice over the past year, investors were losing money now. Eye test, proved Hon Hai Group is defeating the "bear group".