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Toshiba reveals unaudited earnings

by April 11, 2017

written by 11^th Apr 17 10:50 am

Is the firm in trouble?

Toshiba has made the decision to file its delayed financial results, the firm has also warned of its survival risk.

Toshiba made a total loss of $4.8bn, for April to December, this is according to the AFP agency.

The firm said in a statement which was seen by AFP: “There are events and circumstances that may bring about significant questions about the idea of [carrying on] as a going concern,”

The newly released results have not been approved by the firm’s auditors.

Toshiba is expected to hold a news conference later.

The company has been facing problems recently due to problems at its recently-bankrupt US nuclear plant.