Japan's struggling Toshiba logs $436 mn loss in first half

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Troubled Japanese conglomerate Toshiba said today it logged a net loss of $436 million for the fiscal first half, as it moves to complete a multi-billion-dollar sale of its chip business to restore its balance sheet.

The Tokyo-based firm said the loss was mainly due to the tax impact associated with the deal to sell the chip unit to a consortium led by Bain Capital.

http://www.moneycontrol.com/ne...st-half-2433707.html

11/12/1712:26 AM

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