McDonald's becomes richer by leaps and bounds

Net profit fast food restaurant chain McDonald's Corp. 9 months of 2010 rose by 11% - to 3.70 billion dollars compared with 3.33 billion dollars, received for the same period a year earlier. This was reported in the financial report published today by the company, RBC reports.

Revenue in January-September this year increased by 6% and amounted to 17.86 billion dollars against 16.77 billion dollars a year earlier. Operating profit reached 5.6 billion dollars, an increase of 12% compared with last year's figure of 5.01 billion dollars

In III quarter 2010 net income of McDonald's was 1.39 billion dollars, up 10% compared to 1.26 billion dollars recorded in III quarter 2009 revenues for the last quarter increased by 4% to 6.3 billion dollars, while during the same period a year earlier the company received proceeds of $ 6.05 billion USD Operating profit for the quarter reached 2.1 billion dollars, exceeding by 8% last year's figure, fixed at 1 , $ 9 billion

Quarterly earnings per share of McDonald's without the effect of exchange rate differences amounted to 1.32 dollars in the consensus forecast of analysts at 1.25 dollars per share.

McDonald's Corp. was founded in 1955 and was initially ruled brothers Dick and Mac McDonald. Restaurants, fast food companies are more than 100 countries. Currently, McDonald's is the world's largest chain of fast food restaurants.

 

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