Panasonic first-quarter profit nearly halves on China, Tesla woes

Panasonic first-quarter profit nearly halves on China, Tesla woes

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-panasonic-results/panasonic-first-quarter-profit-nearly-halves-on-china-tesla-woes-idUSKCN1UQ0Q4

Panasonic Corp reported its first-quarter operating profit nearly halved, as Sino-U.S. trade tensions dampened demand for its components business in China and the battery business with Tesla Inc remained in the red.