Panasonic AS: COVID to cut planned turnover to CZK 12.35bn

Published: 15.10.2020 Related countries:  Japan Japan

Panasonic Automotive Systems (AS) Czech anticipates an annualturnover of CZK 12.35bn for the financial year 2020/2021.

Compared to the original plan, production is expected to drop by20% due to COVID-19. This stems from the annual report for thefinancial year ending March 31, 2020. The audio manufacturer reported a net turnover of CZK 11.40bn and a profit after tax of CZK252.65m.