Monday, May 25, 2015   

Panasonic back in profit
(02-04 14:57)

Panasonic said Tuesday it swung to a nine-month net profit of US$2.4 billion thanks to the yen's sharp decline and cost cutting as the Japanese electronics giant undergoes a painful restructuring.
The company's 243.0 billion yen net profit between April and December reverses a net loss of 623.8 billion yen in the same period a year ago, while sales came in at 5.68 trillion yen, up 4.4 percent. --AFP
   
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