Panasonic Forecasts Record 2024 Net Profits, KARS Captures

Panasonic, the Japanese tech giant, recently released 2023 earnings and the 2024 fiscal year forecast. The company calls for record net profits in the next twelve months and is the top holding in the KraneShares Electric Vehicles and Future Mobility ETF (KARS). The company reported overall sales growth year-over-year in 2023. However, operating profit declined due [...] The post Panasonic Forecasts Record 2024 Net Profits, KARS Captures appeared first on ETF Trends .