Japan's Sharp reports 1.3 bln dollar annual loss

Japanese electronics giant Sharp Corp. announced an annual net loss of 1.3 billion dollars, its first ever, due to a slump in sales, but it forecast a return to profit this year.

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<p><a href="http://www.physorg.com/news160028099.html">Japan's Sharp reports 1.3 bln dollar annual loss</a></p> <p>Japanese electronics giant Sharp Corp. announced an annual net loss of 1.3 billion dollars, its first ever, due to a slump in sales, but it forecast a return to profit this year.</p>