Toshiba group posts interim net, pretax losses

TOKYO, Japan - Toshiba Corp. President Tadashi Okamura said at a news conference Oct. 26 at the Tokyo Stock Exchange that the company suffered a consolidated net loss of 123.14 billion yen in the April-September period for its first fiscal half-year loss in two years. Toshiba blamed declining profitability in the electronic devices and components business, particularly in semiconductors, for the losses.

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