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Sharp to Eke Out Profit on Washing Machines and Printers

April 27, 2012

Japan's Sharp Corp predicted it will post a meager operating profit this business year as it looks to offset continued losses in its televisions and liquid crystal display business with earnings from household appliances and printers.

The manufacturer of Aquos LCD TVs expects to earn an operating profit of 20 billion yen ($248 million)in the year that started in April compared with a 45 billion yen operating loss in the business year just ended.

Sharp's problems mirror the grim performances at Japan's other major TV makers, Sony Corp and Panasonic Corp

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