Arab Today, arab today thyssenkrupp lifts profits in 3q
Last Updated : GMT 21:10:43
Arab Today, arab today
Arab Today, arab today

ThyssenKrupp lifts profits in 3Q

Arab Today, arab today

Arab Today, arab today ThyssenKrupp lifts profits in 3Q

Frankfurt - AFP

German industrial giant ThyssenKrupp said Friday windfall gains from divestments lifted earnings in the third quarter, even as orders and revenues were hit by weakening demand due to the crisis. ThyssenKrupp, which operates its business year from October to September, said in a statement it booked net profit of 238 million euros ($292 million) in the three months to June. That represented an increase of 16 percent over the year-earlier period. At the same time, sales slipped by 7.0 percent to 10.71 billion euros and orders slumped 21 percent to 10.231 billion euros. ThyssenKrupp -- which alongside steel also makes elevators, industrial plant technology and car parts -- said that orders and sales in its materials businesses such as steel were \"down due to the weak market environment\". By contrast, its capital goods businesses, such as industrial plant technology, continued to perform robustly. The rise in bottom-line earnings was due in part to the sale of its US iron foundry Waupaca, ThyssenKrupp explained.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today thyssenkrupp lifts profits in 3q Arab Today, arab today thyssenkrupp lifts profits in 3q

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today thyssenkrupp lifts profits in 3q Arab Today, arab today thyssenkrupp lifts profits in 3q

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday