BMW Reports Record Third-quarter Net Profit
Mohammad Ali (@ChaudhryMAli88) Published November 04, 2016 | 12:15 PM
FRANKFURT, Nov 4, (UrduPoint / Pakistan Point News - 04th Nov, 2016 ) - German luxury carmaker BMW on Friday reported a 15 percent increase in net profits in the third quarter, a new record for the July to September period.
Boosted by increased sales of its BMW, Mini and Rolls-Royce cars and its financial services division, the company's bottom line swelled to 1.
8 billion Euros ($2.0 billion) from 1.6 billion euros in the same period in 2015, on revenues of 23.4 billion euros. Analysts surveyed by Factset had predicted net profits would remain stable in the third quarter.
Related Topics
Recent Stories
Sharjah Animation Conference explores cross-cultural collaboration opportunities ..
Sharjah Public Library provides countless opportunities for young imaginations t ..
Sharjah Police launches 'Your belongings, your responsibility' awareness campaig ..
Dubai Police displays Innovative Tourism Security Services at 'ATM 2024'
Mohammad Haris, Aamir Jamal not part of national squad for Ireland, England: Bab ..
Erdogan opens former church to Muslim worshippers
Cultural events hallmark of a nation, Director RAC
Iraq hangs 11 convicted of 'terrorism': security, health sources
Stocks rise on renewed hopes of rate cuts
PM assures all-out support to Saudi investment
S.Africa building collapse traps 48 workers: city hall
Nilofar lauds efforts for development of national document aimed promoting balan ..
More Stories From Business
-
Stocks rise on renewed hopes of rate cuts
2 hours ago -
Seminar organized to mark World IP Day
2 hours ago -
Curbing illicit trade, counterfeiting crucial for Pakistan's economic renaissance: TRACIT
2 hours ago -
SARVP of WB meets Minister for Finance
2 hours ago -
Peace vital for sustainable development: Ahsan Iqbal
3 hours ago -
'Students should be equipped with modern education to gear up socioeconomic uplift'
3 hours ago
-
'Tajir Dost Scheme's application introduced'
3 hours ago -
Efforts on for producing skilled manpower: Ch. Shafay
4 hours ago -
World Bank delegation calls on Shaza Fatima
5 hours ago -
"Empowering Commuters: Zindigi, Sindh Govt, Mastercard, & People Bus Service First Open Loop Transit ..
5 hours ago -
Stocks rise on renewed hopes of rate cuts
5 hours ago -
KSA, Pakistan economic partners, share common vision: Al Mubarakon
5 hours ago