Notice

This Post has ended its release period. Please check iFOREX's latest information and campaign on iFOREX's company introduction page.

iFOREX - What's now?

We are no longer promoting iFOREX. The information regarding to iFOREX on the website 'Hercules.Finance' maybe outdated. ref. iFOREX

Sharp, a Japanese electronic company who will be taken over by Hon Hai Precision Industry of Taiwan, released its earnings report for April-June quarter after the local stock market closed on last Friday, July 29.

According to the report, revenue for April-June is 423 billion yen ($4.15 billion), down 31% year-over-year. And net loss for Q2 is 27.4 billion yen ($269 million).

Its liabilities still exceed its assets at the end of June. The exceeding amount was 31.2 billion yen ($306 million) at the end of March, but has surged to 75 billion yen ($735 million) by the end of June.

According to the rules of Tokyo Stock Exchange, if liabilities exceed assets for 2 years in a row, the company would be delisted. Sharp shares will be delisted unless its liabilities become less than assets by the end of March 2017.

1

XMXM

4.9 rating based on 1,166 ratings
4.9/5 1166
2

DerivDeriv

4.9 rating based on 143 ratings
4.9/5 143
3

LQDFXLQDFX

3.5 rating based on 93 ratings
3.5/5 93
4

FBSFBS

3.6 rating based on 99 ratings
3.6/5 99
5

FXTMFXTM

3.9 rating based on 43 ratings
3.9/5 43
1

PrimeBitPrimeBit

3.9 rating based on 7,130 ratings
3.9/5 7130
2

BinanceBinance

4.3 rating based on 7,662 ratings
4.3/5 7662
3

bybitbybit

4.2 rating based on 3,323 ratings
4.2/5 3323
4

XBTFXXBTFX

1.9 rating based on 4,447 ratings
1.9/5 4447
5

WisebitcoinWisebitcoin

3.3 rating based on 4,701 ratings
3.3/5 4701