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Panasonic Q1 net profit down on lower sales in China

[TOKYO] Japanese electronics giant Panasonic said on Wednesday its quarterly net profit fell more than 10 per cent, partly due to weak sales in the Chinese market. The firm reported net profit of 50 billion yen (S$630 million) in the April-June period, down …Read more


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To note electric vehicle sales worldwide continued strong growth driven primarily in China We serve this exciting EV improved profitability to these lines excluding the Panasonic income Net profit for the second quarter of 2019 was 21 million
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