UGN Security Forums UGN Security: Underground News Technology [Reuters] Sharp sees drop in profit this year as yen benefit fades

TOKYO (Reuters) - Sharp Corp booked a net profit of 11.6 billion yen ($114.05 million) for the year ended March 31, meeting the conditions for a $4.6 billion rescue arranged by banks last year after the company recorded a 545 billion yen loss in the previous year.