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Sharp Posts Modest Sales Decline but Steep Downturn in Profits in Q1 2023


On August 4, Sharp Corporation unveiled its financial results for the first quarter of fiscal-year 2023. After a lackluster FY 2022, times remained tough for Sharp in Q1 2023. The company’s sales decreased modestly year-over-year, but Sharp reported an operating loss for the quarter, and its net profit plunged nearly 80 percent. To put Sharp’s

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