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Toshiba posts 2014 loss, restates profits for previous 6 years

Tuesday, September 8, 2015 - 05:50

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Adjustments at Toshiba wiped out net income from businesses that span nuclear reactors, computer memory chips and laptop computers.

Tokyo

TOSHIBA Corp posted an annual loss and restated earnings for the previous six years as it tries to recover from an accounting scandal that led to the ouster of its president and two predecessors.

The net loss was 37.8 billion yen (S$453 million) in the 12 months ended March,

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