On October 25, Cummins announced the company’s financial report from January to September of this year. The report shows that from January to September, Cummins Corporation achieved sales of US$4.6 billion, an increase of 36% compared to the same period of last year. The company’s businesses all have double digits. growth of.
It is understood that Cummins Inc. expects its annual sales this year to be between 17.5 billion and 18 billion US dollars. From January to September this year, Cummins’ net income was 452 million US dollars, an increase of 60% over the same period of last year, and the earnings per share was 2.35 US dollars. Revenue was $283 million, and earnings per share was $1.44.
The company’s EBIT was US$640 million (13.8% of sales), EBIT last year was US$449 million (13.2% of sales), and the company’s planned EBIT for the year was able to reach sales. From 14% to 14.5%, there is a slight gap.
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