EnergyWatch

General Electric grows but wind division recedes

The Q2 order intake of General Electric's wind division declined by 15 percent to USD 1.7 billion.

Photo: General Electric Company

US industrial group GE shows positive Q2 results, exceeding expectations for its aggregated business.

Second quarter revenue landed at USD 30.1 billion against analysts' expectations of USD 29.38 billion, writes Bloomberg News. Q2 net income was also positive with an adjusted profit per equity share at USD 0.19 against USD 0.18.

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