Panasonic’s revenue for the 2017 fiscal year exceeded 64 billion dollars

Panasonic reported for the 2017 financial year, which ended for the producer on 31 March. The revenue of the producer for 12 months amounted to about 64 billion dollars, slightly less than 4% less than the year before.

Operating profit grew 20%, reaching 2.4 billion dollars. Net profit amounted to 1.3 billion dollars, which is 10% less than the previous fiscal year.

Most companies have brought division Automotive & Industrial Systems: 21.8 billion dollars of revenue. Slightly fewer (19.8 billion dollars) brought the unit Appliances. In the first case, this corresponds to a reduction of 5% in annual terms, while the second — growth of 2%.

Division of Eco Solutions AVC Networks and brought the company of 13.2 and 8.9 billion dollars of revenue, respectively.



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