Home / Royal Mail / Philips Fourth-Quarter Profit Doubles on Asset Sales (Update4) (Bloomberg.com)

Philips Fourth-Quarter Profit Doubles on Asset Sales (Update4) (Bloomberg.com)

Jan. 21 (Bloomberg) — Royal Philips Electronics NV, the world’s biggest maker of electric shavers, said fourth-quarter profit doubled, beating analysts’ estimates, on higher revenue from lighting and gains from selling shares in a chipmaker.

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