Sharp on July 31st reported the first quarter of the fiscal year ending in June 2018. Sharp's first-quarter operating profit increased 45% year-on-year, Sharp's operating profit was 24.8 billion yen (about 223 million US dollars), and the previous year In the same period, it was 17.11 billion yen. In contrast, the average estimate of 7 analysts surveyed by Thomson Reuters was 18.8 billion yen.
The increase in operating profit was mainly attributable to the strong performance of display panels, camera modules and sensors. Among them, the operating profit of the display panel business was 105 billion yen, a year-on-year increase of 55.6%. In addition, the revenue of the electronic equipment business reached 111.2 billion yen, an increase of 33.6%.