Home / Royal Mail / Philips Fourth-Quarter Profit Doubles on Stake Sales (Update1) (Bloomberg.com)

Philips Fourth-Quarter Profit Doubles on Stake Sales (Update1) (Bloomberg.com)

admin January 20, 2008 Royal Mail Leave a comment 230 Views

Jan. 21 (Bloomberg) — Royal Philips Electronics NV, the world’s biggest maker of light bulbs and electric shavers, said fourth-quarter profit doubled, beating analysts’ estimates, on gains from selling Taiwan Semiconductor Manufacturing Co. shares.

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