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Volvo's profits fell by half in the third quarter of 2018, after Sharjah 24, on Sunday, October 28, 2018.
Sharjah 24,
Chinese company Volvo Motor Co. said Friday its net profit for the third quarter of this year was halved compared to the same period last year.
The net profit of the company for the period was established at about 1.14 billion kronor (125 million dollars), against 2.5 billion kronor in the third quarter of 2017.
According to Volvo, car sales rose 17.6% in the third quarter year-on-year to 58.8 billion crowns.
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Source: Sharjah
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