TOKYO: Panasonic Corp posted a quarterly net loss of 197.6bil yen (RM95bil) and forecast a record 780bil yen (RM374bil) full-year net loss, hurt by weak demand for its TVs and the cost of restructuring operations.
The loss at the maker of Viera TVs for the October-December period compared with a consensus estimate of an 8.4bil yen (RM4bil) net loss, based on a Smartestimate of three analysts on Thomson Reuters I/B/E/S.
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