Roche Holding AG’s net profit grew by 58%

Roche Holding AG is an excellent investment

In brief: Roche Holding AG reports a record profit. Investors continue to buy Roche Holding AG shares.

Roche Holding AG, the world’s largest producer of cancer drugs, said about 58 per cent increase in net profit in the first half.

The profit of the Swiss pharmaceutical company during the reporting period amounted to 5.47 billion Swiss francs ($ 5,2 billion) against 3.47 billion francs in the first half of 2009 profit increase to the rapid integration of the American biotechnology company Genentech. Analysts predicted that the company’s profits for the first 6 months of the year will amount to 5.63 billion francs. Sales of Roche in the first half of 2010 increased by 2,6% and amounted to 24.63 billion francs against 24,0 billion francs, obtained in January-June 2009.

Ukrainian Globalist
2010-07-22 10:03, Economics.

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