US Ford profit rises 10 percent in 2013


(MENAFN) Net profit of Ford Motor Co. exceeded experts' expectations for the twelve-month period of 2013 and the fourth quarter, according to Arab News



During the twelve-month period of 2013, Ford earned USD7.2 billion, while revenue boosted by 10 percent reaching USD146.9 billion



Profits of Ford were estimated at USD3 billion in the fourth quarter of 2013, resulted from a one-time tax gain


MENAFN

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