Panasonic reported Q1 2017 net profit of 21.7 billion yen ($214 million), down 63% YoY from 59.5 billion yen. Turnover was 1.7 trillion yen ($16.8 billion), down 6% YoY from 1.8 billion yen ($18.4 billion). Appliances increased 2% and 72% YoY in turnover and net profit respectively.
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