Business & Finance

Merck triples net income to $1.7bn

NEW YORK : Pharmaceuticals giant Merck said on Friday it had tripled its net income to $1.7 billion, beating expectation

Published October 28, 2011 Updated October 28, 2011 03:11pm

1 min

Comments

By Muhammad Iqbal

Add BRecorder as a trusted
source on Google

Earnings per share reached $0.94, ahead of the $0.91 predicted by analysts. Sales saw an eight percent increase to $12 billion, besting market predictions of $11.6 billion.

Read Comments