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HomeArticlesGe Cracks Record With 18.3 Billion Revenue Security Most Profitable Division

Ge Cracks Record With 18.3 Billion Revenue Security Most Profitable Division

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.

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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.

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