Panasonic Q4 earnings more than double to 83.3 billion yen

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TOKYO (Reuters) – Japan’s Panasonic (OTC:PCRFY) Corp on Wednesday posted fourth-quarter operating profit of 83.3 billion yen ($639.6 million) compared with a profit of 31.8 billion yen a year ago.

The result for the three months to March 31 was worse than an estimated mean of 85.5 billion yen profit from nine analysts surveyed by Refinitiv.