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Sweden's Ericsson more than doubles net profit in Q2, cost-cutting program completed

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Sweden's Ericsson more than doubles net profit in Q2, cost-cutting program completed Posted: Jul 23, 2010 5:35 AM
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Original Post: Sweden's Ericsson more than doubles net profit in Q2, cost-cutting program completed
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Ericsson more than doubles profit in Q2 STOCKHOLM — Swedish wireless equipment maker LM Ericsson AB said Friday its net profit more than doubled in the second quarter, mainly because of a dramatic cut in costs as its savings plan ended. Net profit for the three-month period reached 1.9 billion kronor ($258 million), up from 831 million .... Original article  : Sweden’s Ericsson more than doubles net profit in Q2, cost-cutting program completed.

Read: Sweden's Ericsson more than doubles net profit in Q2, cost-cutting program completed

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