(MENAFN- Qatar News Agency) Shares in BMW decreased by more than 3% due to its slump in profit during the third quarter of 2013.
Earnings before interest and taxes (EBIT) dropped by 3.7% to $2.6 billion in the third quarter, compared to the same period of last year
Despite that, BMW's market grew in China and the United States, posting an EBIT of $2.51 billion
BMW's shares dropped by 3.34% to $109.04 a share
Revenue in the third quarter slumped by 0.4% to $25.37 billion The group said that its 2013 pretax profit will be equivalent to that of last year.
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