Sharp's third-quarter profit up 38.5%, above estimates

Art PostAdmin VIP

TOKYO (Reuters) - Japan's Sharp Corp <6753.T> on Tuesday reported a 38.5% increase in third-quarter operating profit thanks to gains at its smart appliance division and cost reduction efforts.

Sharp, which makes sensors, camera modules and screens for Apple Inc's (NASDAQ: AAPL) iPhones, posted an operating profit of 29.4 billion yen ($270 million) for the October-December quarter, up from 21.2 billion yen a year prior.

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2/5/208:02 PM

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