UPS2016 in third-quarter profit greatly increased
Ups announced that in the third quarter of 2016, the international business operating profit growth of 14%, to $576 million, this is the company's the seventh consecutive quarter of double-digit growth. From a year earlier, compared to the business revenue growth of 4.9%, to $14.9 billion.Fuel surcharge and currency exchange rate changes reduced the growth of business income, excluding the impact of monetary policy, business income increased by 5.1%. Ups, chairman and chief executive David Abney said that investment in terms of technology and capability to ensure the ups continues to achieve good results in the future. Ups, chief financial officer Richard Peretz said that the development of the third quarter, in line with expectations, and the company has taken the necessary measures to ensure the smooth running of the business peak.Therefore, the company to achieve full-year 2016 adjusted diluted earnings per share target is full of confidence. From a year earlier, compared to the third quarter of 2016, ups business revenue grew 4.8% in the United States, at $9.3 billion, the average daily package volume growth of 5.7%.Operating profit of $1.3 billion, operating profit margin of 13.5%. International business profits soared 14%, to $576 million, made history at the same time high.Increase the volume of all the products, to enhance the efficiency of a rise in the benchmark rates, and network contributed to the growth of the profit margin.International business revenue of $3 billion, up 2.2% from a year earlier. Supply chain and freight revenue grew 8.1% to $2.6 billion.Business income growth is mainly due to ups in the third quarter of 2015 mid-term coyotes logistics company.
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