GE net profit rises, helped by jet engine, oil equipment sales
Friday, 18 July 2014
General Electronic Co (GE.N) posted a 13 per cent rise in quarterly net income on Friday, helped by increases in sales of its jet engines and oil and gas equipment. Second-quarter net income rose to $3.55 billion, or 35 cents per share, from $3.13 billion, or 30 cents per share, a year earlier, according to Reuters.