Toshiba's core businesses propel 7-fold jump in operating profit

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20191109N toshiba train

Toshiba supplies air-conditioning systems for West Japan Railway's new Series 227-1000 electric multiple units. (Photo courtesy of Toshiba)

KAZUHIRO NOGUCHI, Nikkei staff writer

TOKYO -- Toshiba's core businesses have stabilized. Consolidated operating profit for the half-year ending September reached about 50 billion yen, or $460 million, roughly seven times that of the same period last year, Nikkei has learned.

In a wide range of sectors, including its mainstay infrastructure and energy units, profitability improved and costs were cut.

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