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Pharmaceutical company Pfizer reduced its net profit in 2018 by half to $11.153 billion, according to financial statements. Earnings per share fell to $1.87 against $3.52 for the earnings period last year. The company's revenue rose 2% to $53.65 billion. The last quarter of the year brought Pfizer a loss of $394 million, while last year the company made a profit of $12.274 billion. The loss per share was $0.07 against a profit of $2.02 a year earlier. Revenues for the quarter increased by 2% to $13.976 billion, although analysts had expected the figure to be slightly lower - $13.899 billion. In 2019, plans to receive $52-54 billion in revenue. Experts had expected that the figure would be $54.3 billion. According to forecasts by Pfizer, earnings per share would be $2.82-2.92. Analysts' own forecast - $3.04 per share. Pfizer is one of the leaders in the pharmaceutical industry. The company was founded in 1849 in the United States.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
Levi Strauss & Co (LEVI.N) expects that its business would lose footing in the second half of the year. The company deemed it possible even as its sales were seen recovering at its reopened stores, following virus-related lockdowns imposed ...
On Monday, Fujitsu Ltd. (6702.T) announced that it would halve its office space in Japan by March 2023 as it pushes for its 80,000 employees to work remotely amid the coronavirus outbreak. The IT solutions company said that its employees would ...
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