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الاقتصادية
Source: الاقتصادية
9 Hrsالاقتصادية
Source: الاقتصادية
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BMW has again warned of falling profits due to restructuring costs, after its pre-tax profit fell 11% in the third quarter to €2.1 billion, while revenue declined 6% to €30.4 billion. The plan includes cutting 8,000 jobs in Germany and accelerating reductions in administrative roles. The company expects its operating margin for the year to range from -0.5% to 0.5%. Its sales in China also fell 22% in the first nine months of the year, while the automotive division’s margin dropped to 3.4%, compared with 5.2% in the same period last year.
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