Home / Royal Mail / Despite US Slowdown, Philips Profits Nearly Double (TechNewsWorld.com)

Despite US Slowdown, Philips Profits Nearly Double (TechNewsWorld.com)

Royal Philips Electronics strengthened its lighting and energy business while tapping into emerging world markets to offset big losses in the United States, according to its fourth-quarter earnings report released on Monday. Philips’ net profits grew quarter-over-quarter from about $982 million to $2.01 billion even as its sales numbers remained relatively constant.

More: continued here

About admin

Check Also

List of candidates announced for Westmorland by-elections | The Mail

Poster voters are encouraged to use the Royal Mail envelope provided with the postal vote …

Leave a Reply

Your email address will not be published. Required fields are marked *