Japan's Sharp forecasts return to profit in 2013/14

TOKYO (Reuters) - Sharp Corp said it expects to rebound to an operating profit in the year to March 31 as it battles to remain viable after averting failure last year through a bailout by its banks. In the current financial year, Sharp expects an operating profit of 80 billion yen ($786 million), compared with a loss of 146.27 billion yen in the latest year to March 31. The forecast compared with the average 52.9 billion yen profit estimate from 13 analysts surveyed by Thomson Reuters I/B/E/S. ...



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