Tuesday, February 19, 2008

ABB Q4 net climbs 33.96%; revenues up 29.17%

ABB, a partly-owned subsidiary of ABB Asea Brown Boveri of Switzerland and a provider of power and automation technologies, registered a growth of 33.96% in earnings in the quarter ended Dec. 31, 2007, to Rs 1,807.88 million compared with Rs 1,349.55 million in the same quarter, last year.

However, the earnings per share (EPS) for the quarter declined 73.20% to Rs 8.53 compared with Rs 31.84 in prior year period.

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