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Technology

Telecom giant Nokia says net profit rose 89% in 2024

Published January 30, 2025 Updated January 30, 2025 11:48am
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By AFP
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HELSINKI: Finnish telecommunications equipment giant Nokia reported on Thursday an 89 percent rise in net profit for 2024, with sales surging in the final three months of the year.

Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

Nokia said its profit after tax reached 1.28 billion euros ($1.33 billion) while sales increased by 10 percent in the fourth quarter compared to the same period in 2023.

Nokia

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