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Title:
Panasonic’s 2016 profit falls 9.6% as solar sales sag
Detail:
The Japanese electronics group posted a net profit attributable to shareholders of JPY 149.4 billion ($1.3 billion) in the fiscal year to the end of March — from JPY 165.2 billion a year earlier — as declining sales of solar panels in Japan eroded its earnings. The group’s net sales fell more than 3% on the year to JPY 7343.7 billion, although its operating profit rose to JPY 276.8 billion, from just JPY 230.3 billion a year earlier.
Country:
International
Source:
PV-Magazine
Published Date:
14.05.2017
URL:
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Non-Renewable Energy Solar Photovoltaic PV Energy Information Technology-IT Construction Computer Hardwares and Consumables Petroleum Products
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