Panasonic’s 2016 profit falls 9.6% as solar sales sag -...

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Title	Panasonic’s 2016 profit falls 9.6% as solar sales sag
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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
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Non-Renewable Energy Solar Photovoltaic PV Energy Information Technology-IT Construction Computer Hardwares and Consumables Petroleum Products
Published Date	14.05.2017
Original Url	Original Url
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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
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Non-Renewable Energy Solar Photovoltaic PV Energy Information Technology-IT Construction Computer Hardwares and Consumables Petroleum Products
Published Date
14.05.2017
Original Url
Original Url
Share