US: Chrysler doubles operating profit
Author: Graeme Roberts | 1 February 2012
Despite a $551m loss on extinguishment of debt in the second quarter, Chrysler on Wednesday (1 February) reported full year 2011 net income of $183m, up from a net loss of $652m in 2010. Fourth quarter net income was $225m and full year operating profit more than doubled to $2bn.
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