As part of its television and LCD panel business growth, Sharp posted net profit for the fifth quarter in a row. Sharp posted a net profit of 20.6 billion yen for the third fiscal quarter (October-December 2017), better than analysts' forecast of 191.4 Billion yen.
For the first three quarters (April-December 2017), revenue rose 22.7% to 1.83 trillion yen, while operating profit increased 271.4% to 70.33 billion yen and net profit was 55.38 billion yen.
Sharp expects full-year (up to March 31, 2018) revenue growth of 22.4% to 2.51 trillion yen. Operating profit rose 48.9% to 93.0 billion yen. Full-year net profit was 69.0 billion yen.