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Panasonic reports 29% drop in annual operating profit

Christian Fernsby ▼ | May 18, 2020
Panasonic reported a 28.6% drop in annual operating profit and did not issue an earnings forecast for the current year due to uncertainty about the impact of the coronavirus.
Uncertainty   Panasonic

Topics: Panasonic Operating profit for the year ended in March came in at 293.75 billion yen ($2.74 billion), in line with an average estimate of 295.3 billion yen profit drawn from 17 analysts polled by Refinitiv.