Panasonic's April-December 2019 net sales fall 5.3% y/y to USD52.7 billion

Financial results

Company witnessed a net profit of JPY178.1 billion, which is a growth of 3.1% y/y

Panasonic has reported a decline of 5.3% year-on-year (y/y) in net sales to JPY5.7 trillion (USD52.7 billion) for the April to December period, according to a company press release on 3 February.

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