Japan's Sharp to post 14.3 bln yen loss on Europe solar business

TOKYO, July 11 Fri Jul 11, 2014 4:38am EDT

TOKYO, July 11 (Reuters) - Japan's Sharp Corp said on Friday that it would post a 14.3 billion yen ($141.18 million) extraordinary loss for the April-June quarter related to a restructuring of its European solar panel business.

The company said that it also expected special gains from asset sales and therefore did not plan to alter its earnings forecasts for the full financial year to March 2015. ($1 = 101.2900 Japanese Yen) (Reporting by Sophie Knight; Editing by Edmund Klamann)

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