Panasonic posts $A6.5bn loss
Market watch top headlines
Australian reports
- Aust markets: Aust stocks close lower
- Aust dollar report: $A rises above 98 US cents
- Aust credit close: Aust bonds prices weaker
World reports
- World commodities: Commodities markets summary
- World markets: International markets roundup
TOKYO, Feb 1 AFP
February 01 2013, 5:59PM
Panasonic said it lost about $US6.77 billion ($A6.52 billion) in the nine months to December and was on track to lose a whopping $A8 billion.
The struggling electronics giant's nine-month net loss, revealed on Friday, nearly doubled its year earlier shortfall, while sales slipped 8.8 per cent to 5.44 trillion yen.
Copyright ©
Fairfax Digital
