General electric company's net income grew by 8%, the fourth quarter profit of the enterprise group all the industrial field to improve the growth of the developing economies.
GE, the headquarters is located in the state of Connecticut fairfield, published net surplus of $400 million dollars quarterly earnings of $3.93 billion last Friday. The same period last year the company profit of $37 billion, $3.8 billion sales. Earnings per share from 35 cents up to and cents, the same period last year.
The company's operating profit for 44 cents per share, higher than from FactSet survey of analysts expect a penny. GE income than economists' expectations of $38.8 billion.
GE shares rose 3.4%, in the plate of $22.03 before trading.
CEO Jeff Immelt (Jeff Immelt) said in a statement, the prospect of developed markets is still unclear, but China and other emerging markets, as well as the use of natural resources, the region growing.
, Mr Immelt have to reshape GE, focus on more traditional industrialization, such as complicated industrial equipment and industrial companies provide services. GE also makes the refrigerator and CT scanners, wind turbine, gas turbine and engine planes and trains. In a new push, it also provides equipment and services of the oil and gas industry.
The company is in the banking sector to cut other non-commercial real estate and industrialization.
The shift led to a higher profit margin, in the fourth quarter trend to continue. GE to report, in all its seven industry profit growth, growth of 10%, and were the top four - oil and natural gas, energy management, aviation and shipping.
In the last few quarters, the income of the GE slipped a bit, sales non-industrial assets NBC universal, and the relevant investors. But in the fourth quarter, revenue growth was 4%, from the same period last year.
The company this year is expected to revenues and profits to continue. GE said, the backlog of new business amounted to 210 billion, the highest level. In the fourth quarter, the company announced in Brazil and Brazil's state oil company and chevron in Angola oil company, to help those from their region of the deep sea mining oil new contract. It also announced, Alaska airlines jet engine power for fifty planes order.
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