HomeArticlesGe Cracks Record With 18.3 Billion Revenue Security Most Profitable Division

Ge Cracks Record With 18.3 Billion Revenue Security Most Profitable Division

Category:
Bookmark
Page is Bookmarked

RECOMMENDED

WEATHER

Sydney
clear sky
25.1 ° C
26.6 °
23.7 °
71 %
8.8kmh
0 %
Wed
25 °
Thu
26 °
Fri
21 °
Sat
22 °
Sun
24 °

Latest Articles

RECOMMENDED

In year-end financial figures released this week, GE announced net earnings of $18.3 billion in 2005, up 12 percent from the year before. Revenues were up 11 percent to $149.7 billion. For the GE Infrastructure division, which includes GE Security, net profit was up 14 percent to $7.8 billion, making Infrastructure GE’s most profitable segment, though its unclear how much the security division contributed to that profit. GE Infrastructure’s revenues were up 12 percent to $41.8 billion.

AUTHOR

SEN News
SEN Newshttps://sen.news
Security & Electronics Networks - Leading the Security Industry with News and Latest Events. Providing information and pre-release updates on the latest tech and bringing it all to you daily. SEN News has been in print for over 20 years and has grown strong as a worldwide resource in digital media.