U.S. aerospace giant, Boeing on Wednesday (26/01/2011), reported that revenues jumped 152 percent during 2010 despite a decline in the fourth quarter.
Boeing's net income during the year amounted to 3.31 billion U.S. dollars, higher than in 2009 amounted to 1.31 billion U.S. dollars. This was driven increase in operating margin doubled from 3.1 percent to 7.7 percent and the completion of a tax deduction of 371 million U.S. dollars.
However, net profit in the fourth quarter fell to 1.16 billion dollars from 1.27 billion U.S. dollars in the previous year.
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