Panasonic reports 28.8% y/y rise in Q1 net sales to USD16.34 billion

Financial results

Net profit came in at JPY76.5 billion compared with a loss of JPY9.8 billion a year earlier

Panasonic has reported a 28.8% year-on-year (y/y) rise in net sales at JPY1.79 trillion (USD16.34 billion) for the first quarter, a company press release read on 29 July.

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