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Message: Matsushita world`s biggest maker of electronics up on good earnings / good for the electronics industry

Matsushita world`s biggest maker of electronics up on good earnings / good for the electronics industry

posted on Oct 30, 2005 08:51PM

Osaka, Japan-based Matsushita Electric, the world`s biggest maker of consumer electronics, surged 9 percent to 2,115 yen. Net income jumped 32 percent to 31 billion yen ($268 million) in the three months ended Sept. 30, beating the 25.6 billion yen estimate in a Bloomberg survey of analysts and up from 23.4 billion yen a year ago.

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