Hongxia love more than a year Sharp with four seasons to make money

Sharp surpassed net profit for four consecutive quarters of growth, the first half of the loss from a year ago to lose the transcripts, and increase the annual profit forecast, indicating that LCD sales (LCD) sales boom, and Taiwan's new owner to rejuvenate "The TV is very popular in China, and the demand for smart phones and flat-panel displays is also strong," said Nomura Shing Ming, executive vice president of the company, at the press briefing.

Sharp announced yesterday that net profit for the quarter ended September was 20.2 billion yen ($ 177.7 billion), reversing a loss of 17.9 billion yen in the same period last year and outperforming analysts' forecasts. In the first half of September, net profit reached 34.7 billion yen ($ 350 million), reversing a loss of 454 billion yen a year ago.

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 509 million yen, is also better than analysts estimate the fifty-eight Billion yen, which will be the first annual surplus in four years, and last year's loss of $ 249 billion.

The company said the main reasons for the strong financial performance include: medium and small L C D panel and LCD TV sales strong, and cost-effective strategy to work.

Sharp in four seasons to make money, in addition to benefit from the panel industry boom rejuvenation, Hon Hai through its huge global resources to help Sharp "ground gas", also contributed.

Sharp in August last year, officially bought by the Taiwan Hon Hai Group, a major Japanese electronics sold to foreign investors in the first case.

Hon Hai, after embarking on the reorganization measures, including cutting costs to help Sharp camp on the recovery track, but also to Sharp shares this year, up to 34 percent.