You are here

Toshiba sinks to six-year low after it flags record 550b yen loss

Wednesday, December 23, 2015 - 05:50

toshiba.jpg
Toshiba Corp fell to the lowest in more than six years in Tokyo after forecasting a record 550 billion yen (S$6.4 billion) loss and announcing plans to cut more jobs as it restructures businesses.

Tokyo

TOSHIBA Corp fell to the lowest in more than six years in Tokyo after forecasting a record 550 billion yen (S$6.4 billion) loss and announcing plans to cut more jobs as it restructures businesses.

The shares fell as much as 11 per cent to 225.8 yen, dropping to their lowest

Powered by GET.comGetCom