Troubled electronic manufacturer Toshiba (TYO:6502) recorded an increase in operating profits in the half-year to September, despite most of the increase coming from a business they have agreed to sell.

The company’s 76 percent jump in operating profit was driven almost entirely by an increase in sales at its memory chip business, which it agreed to sell in September to a group led by Bain Capital for around $18 million.

Toshiba agreed to sell the business to offset liabilities issuing from its US nuclear unit Westinghouse, which almost bankrupted the company last year. The giant came close to having its shares delisted this year after delaying the publication of its financial results for a second time as it struggled to get its accounts in order.

Despite reporting a big increase in operating profits, Toshiba still posted a $436 million net loss during the most recent period. Its shares are currently trading down on the Tokyo exchange, down 2.49 percent at 313.00 (1206GMT).