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    Siemens sees profit soar in 2nd quarter

    The Associated Press
    30.04.2009 - 00:00 | Son Güncelleme: 29.04.2009 - 17:06

    FRANKFURT - Siemens said net profit soared by 146 percent in its fiscal second quarter on higher sales and lower one-time charges.

    However, order intake dropped. The Munich-based company said yesterday net profit in the January-March period rose to 1.01 billion euros ($1.3 billion) from 412 million euros in the first quarter of 2008. Sales were up 5 percent from a year earlier, rising to 19 billion euros from 18.1 billion euros.

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