BMW in the first quarter net profit increase due to Intel shares HERE

Posted on 5/11/2017 11:24:52 AM

In the first quarter, BMW Group's pre-tax profit margin climbed to 12.8%, the Group's net profit rose 31% to 2.149 billion euros. Which in the first quarter of the BMW Group revenue situation, the automotive business for the Group's overall revenue contributed a major force. The auto sector revenue reached 20.69 billion euros, up 10 percent from € 18.814 billion in the same period last year. In addition, the pre-tax profit of the auto sector also increased by 6.1% to 1.871 billion euros.
But in the luxury brand three strong, the BMW is still underperforming last year's growth in the first quarter of 2017 profit margins to maintain the leading Mercedes-Benz. The Mercedes-Benz passenger car business is in the operating income, EBIT, sales returns, bike profits and many other financial indicators to beat BMW, Audi, as the "three strong" in the most "money" brand.

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