Business

BMW quarterly profit tumbles 78%, hit by 1.4 billion euro legal provision

BMW quarterly profit tumbles 78%, hit by 1.4 billion euro legal provision BMW#39;s first-quarter earnings before interest and taxes were below the 666 million euros forecast in an analyst poll, weighed down by a 36 percent jump in spending on property, plants and equipment to convert its factories to build electric cars.

from Moneycontrol Business News
Read The Rest:moneycontrol...

Realted Posts