Source Pravda.Ru

Panasonic States Profit, Expects Loss

Panasonic reported a second straight quarterly profit in October-December, buoyed by restructuring and a slight improvement in sales overseas.

Osaka-based Panasonic Corp. said Friday it booked a 32.3 billion yen ($360 million) profit for the fiscal third quarter, bouncing back from a net loss of 63.1 billion yen a year earlier. Panasonic returned to proft in the July-September quarter for the first time in a year.

Sales for the third quarter came to 1.89 trillion yen ($21 billion), almost unchanged from a year earlier.

Panasonic revised up its sales outlook for the full fiscal year through March to 7.35 trillion yen ($81.9 billion) from 7 trillion yen, and raised its operating profit forecast to 150 billion yen ($1.7 billion) from 120 billion yen.

The company kept unchanged its forecast of a net loss of 140 billion yen.

The Washington Post has contributed to the report.

Any society which permits shocking acts of cruelty to animals is one without morals, without values, one of sub-human parasites. Reader discretion advised.

Yulin, China: Where dogs are tortured to death and eaten

Any society which permits shocking acts of cruelty to animals is one without morals, without values, one of sub-human parasites. Reader discretion advised.

Yulin, China: Where dogs are tortured to death and eaten

Any society which permits shocking acts of cruelty to animals is one without morals, without values, one of sub-human parasites. Reader discretion advised.

Yulin, China: Where dogs are tortured to death and eaten
Comments
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