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Sanyo Electric climbs back into black

Sanyo Electric climbs back into black

Optical Storage Jan 31,2003 0

Sanyo Electric Co said Friday it swung back into the black with a consolidated net profit of 2.67 billion yen in the three months to Dec 31, a sharp reversal from a net loss of 6.72 billion yen a year earlier. The major consumer electronics maker attributed the profitability in the October-December period to an increase in sales and efforts to streamline operations and cut costs. Click at the 'Source' link for more information!

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