Schindler Q1 Net Profit Declines 15% - Schindler Holding (OTC:SHLAF)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Schindler Holding AG (OTC: SHLAF) reported a 15% fall in its first-quarter profit.In the first quarter, Schindler posted a 5.4% rise in orders received to CHF2.19 billion and a 3.1% surge in revenue to CHF1.90 billion. In local currencies, orders received surged 9.5% and revenue gained 7.3%.Schindler's elevators and escalators business posted an operating profit (EBIT) of CHF224 million.Schindler's net profit fell to CHF156 million, versus CHF183 million, in the previous year.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!