siemens reports leap in profits in 201617 financial year
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Siemens reports leap in profits in 2016/17 financial year

Arab Today, arab today

Arab Today, arab today Siemens reports leap in profits in 2016/17 financial year

Net profits at the group, whose products range from wind turbines to trains to medical equipment
Frankfurt - Arab Today

German industrial behemoth Siemens reported a leap in profits in its 2016/17 financial year, meeting its own forecasts as the group continues a long-term restructuring.

Net profits at the group, whose products range from wind turbines to trains to medical equipment, grew to 6.0 billion euros ($7 billion), up 11 percent compared with the previous year.

Source:AFP

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