Philips turns in a profit but China, tariffs weigh

tuko.co.ke
منذ 3 ساعات
Dutch medical device maker Philips reported a net profit for the first time in three quarters Tuesday despite weak sales in China but warned of "intensified" uncertainties due to tariffs. However, global sales were down two percent compared to the same quarter last year due to a "double-digit decline" in China, the firm said.