According to MarketWatch reports, Philips first-quarter net profit fell 28%, mainly by increasing the impact of expenses resulting from the spin-off of its lighting business, but rebounded in the first quarter for the first time in five quarters since Philips comparable sales. Reported first three months of 2015, the Dutch electronics giant net profit of 138 million euros from the same period is approaching 99 million euros (about 108 million US dollars) last year, restructuring costs affecting the overall performance. In addition, Philips first-quarter revenue rose 14 percent to 5.34 billion euros, better than the 4.69 billion euros over the same period last year, mainly due to other euro against the dollar and other currencies weaken to promote sales growth. If excluding the impact of exchange rate fluctuations, Philips first quarter revenue grew 2% sales growth for the first time since the fourth quarter of 2013. Philips, based in Amsterdam, the company is planning to spin off its 123-year history has the lighting business, the consumer electronics business, Philips will center on the future of medical equipment and. Philips plans to lighting business after the spin-off of a separate listing next year. Last month, Philips sold its agreement with the Offeror lighting components and automotive lighting business of a majority stake. In the first quarter, Philips's lighting business to become the only decline in sales to departments, Revenue fell 3%. Philips said the lighting business remained weak mainly because the traditional lighting business is accelerating atrophy and weakness in sales of North American professional lighting business.