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Panasonic Q3 financial report: Sales and profit decreased, forecast cut.

Today Panasonic published the Q3 financial report. Q3 was a bad quarter for Panasonic. Sales and profit decreased and forecast for the whole company full-year operating profit was cut by 9.4% to 290 billion yen from 320 billion yen. The company cited heavy restructuring expenses and a “push to reform its group” as the primary…...

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Published By: 43Rumors - Yesterday

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