Panasonic forecasts record net lossFebruary 3, 2012 - 11:31 AMT PanARMENIAN.Net - Japanese electronics company Panasonic says it forecasts a record net loss of 780 billion yen ($10.2 billion) for the fiscal year through March amid falling sales of digital products and production disruptions from flooding in Thailand. That is nearly twice the annual net loss of 420 billion yen it had projected in October. It is also more than its past record net loss of 427.7 billion yen logged for the fiscal year through March 2002, when the company was still Matsushita Electric Industrial Co. For the October-December quarter, Panasonic posted a net loss of 197.6 billion yen ($2.6 billion) on Friday, The Associated Press reported.  Top stories Hrachya Berberyan: apricot harvest will make 25 and 10-12 thous. tons in Ararat and Armavir provinces respectively Any decisions were postponed until the end of next month after French and Greek parliamentary elections on June 17. Armenian Prime Minister met with the head of International Fund for Agricultural Development Programs in Armenia. The market average rate of USD on May 23 totaled AMD 401,59 increasing by 0.52 point compared to May 22.   |  Latest news Conference participants at Institute of CIS States back Artsakh’s stance  The NKR was represented at the round table by Advisers to Foreign Minister Ruben Zargarian and Arsen Melik-Shakhnazarian.Shoushi liberation anniversary celebrated in France Armenian ambassador to France Vigen Chitechyan answered Armenian foreign and domestic policy related questions.Armenian ambassador to China participates in ESCAP meeting Armen Sargsyan participated in meeting of UN Economic and Social Commission for Asia and the Pacific in Bangkok.Cannes: TrustNordisk snaps up rights to Pierce Brosnan’s “Love Is All You Need” The film is a tale about a group of people all seeking love, about passion and happiness, about jealousy and loneliness. |
