TOKYO (Reuters) - Japan's Toshiba Corp on Wednesday reported a 64% drop in quarterly operating profit as the industrial conglomerate struggled with the impact of the COVID-19 pandemic.
Operating profit for the second quarter ended September came to 15.75 billion yen ($149.84 million), down from 44.
23 billion yen in the same period a year prior.
That compared with a 23.30 billion yen average of five analyst estimates compiled by Refinitiv.
Toshiba maintained its profit forecast for the year ending March at 110 billion yen,.