Monday, July 30, 2007

Sanyo Q1 oper profit down 72 pct,outlook unchanged

(Reuters) - Operating profit came to 732 million yen in
April-June, down from 2.57 billion yen a year earlier. Net
profit totalled 2.57 billion yen, in a turnaround from a 9.67
billion yen loss, Sanyo said on Monday.




"We saw strong digital camera demand in overseas markets ...
but mobile phone sales shrank substantially in Japan because of
fierce competition," Sanyo Executive Vice President Koichi Maeda
told a news conference.


Read more at Reuters.com Market News

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