Panasonic Battery Unit Q2 Operating Profit Rises to 55.6 Billion Yen
Panasonic said operating profit at its energy unit rose from 1.2 billion yen a year earlier, citing higher sales of in-vehicle batteries and data centre energy storage systems. The headline also reports a higher forecast, but provides no details.
Japan's Panasonic Holdings TSE:6752 said on Friday that operating profit at its energy unit surged to 55.6 billion yen ($352 million) in the second quarter from 1.2 billion yen a year earlier, boosted by higher sales of in-vehicle batteries and data centre energy storage systems.Here are more detai…