Panasonic Holdings Books 28% Lower Attributable Profit for Nine Months to December 2024

MT Newswires Live
04 Feb

Panasonic Holdings (TYO:6752) recorded a net profit attributable to stockholders of 288.4 billion yen for the nine months ended Dec. 31, 2024, 27.8% lower than 399.2 billion yen logged for the same period a year ago.

The company's earnings per share for the reporting period decreased to 123.51 yen from 170.96 yen per share a year ago, according to a Tuesday filing with the Tokyo Exchange.

Net sales of the electronics company came in at 6.404 trillion yen, 1.6% higher than 6.300 trillion yen a year earlier.

It forecasted an attributable net profit of 310 billion yen, basic EPS of 132.80 yen, net sales of 8.300 trillion yen, and a final dividend of 20 yen per share for the fiscal year ending March. 31.

Price (JPY): $1529.50, Change: $+1.5, Percent Change: +0.10%

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