BMW Q3 Net Profit Rises 16%
BMW AG (OTC: BAMXY) reported a 16% rise in its third-quarter net profit.
BMW's quarterly net profit surged to 1.28 billion euros ($1.64 billion), while earnings before interest and tax rose 14% to EUR2 billion.
Its revenue climbed 14% at EUR18.8 billion.
BMW shares closed at $27.49 yesterday.
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