Corporate News

Philips Slips To Loss In Q4, Sales Rise; Declares Dividend; Sees Comparable Sales Growth In FY23

Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK, PHG) reported Monday that its fourth-quarter net loss was 105 million euros, compared to last year's profit of 151 million euros.

Loss per share was 0.12 euro, compared to profit of 0.18 euro a year ago.

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by RTTNews Staff Writer

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