TOKYOβSanyo Electric Co. said Wednesday that it returned to a net profit in its fiscal first quarter and revised upward its profit outlook, showing strength in its solar-battery operations and the benefits of cost-cutting.
Sanyo Returns to Profit
Sanyo said it returned to profit for the fiscal first quarter as its mainstay solar battery operations and cost-cutting are benefitting the bottom line.
Jul 28, 2010
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