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TOKYO (AP) - Scandal-plagued Sanyo said Monday it swung back to a profit in the April-June quarter, reversing losses from a year ago as improved sales in digital cameras and rechargeable batteries helped offset a decline in mobile handsets and refrigerators.
Sanyo Electric Co. posted a 2.57 billion yen ($21.7 million) net profit during the three months ended June 30. It had racked up a 9.67 billion yen loss the same period a year earlier.
Quarterly sales dipped 1.5 percent to 496.42 billion yen ($4.20 billion) from 504.12 billion yen.
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