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Panasonic: the car gives wings to profit

From April to June, net profit was 377 million euros (+67%), while turnover rose by 5,1%

Panasonic: the car gives wings to profit

Panasonic reported a 67% year-on-year jump in profit in the fiscal first quarter thanks to a boom in sales, particularly in the auto parts sector.

In detail from April to June, net profit was 48,76 billion yen (377 million euros), while revenue rose by 5,1% to 1.865,27 billion yen.

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