Roche 2012 Net Profit Rises 2%
Roche Holding AG (OTC: RHHBY) reported a 2% rise in its full-year net profit.
Roche's full-year net profit surged to CHF9.54 billion, versus CHF9.34 billion, in the year-ago period.
Its annual sales climbed 4% to CHF45.5 billion from CHF42.53 billion. However, analysts were expecting a profit of CHF10.03 billion on sales of CHF45.17 billion.
Roche shares closed at $54.98 yesterday.
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