GE Power Sees Sales Slip, But Revenue Up, In Third Quarter
28 October 2020
GE Power saw sales drop 12% in the third quarter of 2020, while revenues increased 3%, driven in large part by improved cost productivity and a cut in fixed costs, the company reported.
Revenues for the quarter reached US$4.025 billion, up from US$3.926 billion for the same period in 2019.…
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