Toshiba to book $357m net profit from sale of Landis+Gyr shares

Toshiba to book $357m net profit from sale of Landis+Gyr shares

A man walks on a Toshiba advertisement at an electronics shop in Tokyo September 30, 2015. REUTERS/Toru Hanai

Toshiba Corp on Friday said it would book a net profit of 40 billion yen (275.74 million pounds) from the sale of its 60 percent stake in Swiss smart meter maker Landis+Gyr in the year ending March, 2018.

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