TV firm panasonic returns to profit 2

Panasonic has said that it came back to the dark in the April-June one fourth, signing a net benefit of 12.8 billion dollars yen (£104 million) mainly on cost-cutting.

The technology massive had a net loss of 30.4 billion dollars yen (£247 million) in the same one fourth last season.

The Osaka-based manufacturer of Viera TVs and Lumix camcorders said it handled to generate income despite a 6% decrease in economical first- one fourth sales to 1.815 billion yen (£14.7 billion) amongst poor need in its Japoneses market.

Panasonic kept its benefit prediction for the full economical season to Goal 2013 the same at 50 billion dollars yen (£406 million).

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