CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Panasonic back in black after three years

Published: 29 Apr 2014 - 12:25 am | Last Updated: 24 Jan 2022 - 09:56 am

A man looks at Panasonic Corp’s Viera televisions displayed at a store in Tokyo yesterday. Japanese electronics giant booked its first annual net profit in three years. The company said net profit hit 120.44bn yen ($1.17bn) in its fiscal year to March, after suffering a loss of 754.25bn yen a year earlier, while revenue ticked up to 7.74 trillion yen from 7.30 trillion yen.