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Panasonic Q4 earnings more than double to 83.3 billion yen -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – A logo of Panasonic Corp was pictured at CEATEC Japan 2017, (Combined Exhibition of Advanced Technologies), at the Makuhari Messe, Chiba, Japan on October 2, 2017. REUTERS/Toru Hannai

TOKYO, Reuters – Japan’s Panasonic Corporation (OTC) reported Wednesday a fourth quarter operating profit of 83.3 Billion yen ($639.6 Million) compared to a profit 31.8 billion yen a previous year.

Refinitiv’s nine analyst survey showed that the result of March 31 was less than the 85.5 billion yen profit.

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