Panasonic Q1 profit rises 42%, in line with market expectations

📆 7/31/2023 10:50 AM
📰 Reuters

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Japan's Panasonic Holdings on Monday posted a 42% rise in first-quarter profit to 90.37 billion yen ($636 million), largely matching analysts' estimates.

FILE PHOTO-Visitors look at Panasonic Corp's luxury brand home appliances called J concept at CEATEC JAPAN 2015 in Makuhari, Japan, October 6, 2015. REUTERS/Yuya Shino/File Photoon Monday posted a 42% rise in first-quarter profit to 90.37 billion yen , largely matching analysts' estimates.

Operating profit for the three months to end-June compared with an average estimate of 91.18 billion yen in a poll of 11 analysts by Refinitiv and a 63.7 billion yen operating profit in the same period a year earlier.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stock Market: Trades in positive territory, China’s stimulus plan, Japan’s policy tweakAsian stock markets trade in positive territory on Monday. Markets turn to a risk-on mood in the busy week of economic data releases, central bank mee
Source: FXStreetNews - 🏆 14. / 72 Read more »