Tag: #ProfitDropped
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Truckmaker Volvo reports 23% drop in profit
Stockholm, Oct 16 (AFP/APP):Swedish truckmaker Volvo, one of the world’s largest, on Friday reported at 23 percent drop in its third quarter net profit but said the impact of the Covid-19 pandemic was easing. Net profit for the period came in at 5.72 billion Swedish kronor ($646 million, 550 million euros), compared to 7.46 billion…