United Tech Q3 profit dips 17%
China Daily | Updated: 2009-10-21 08:27
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The company, which manufactures Black Hawk military helicopters, has cut costs aggressively through the downturn, eliminating about 5 percent of its staff. Bloomberg News |
BOSTON: Diversified US manufacturer United Technologies Corp reported a 17 percent drop in third-quarter profit, less of a decline than Wall Street had expected, as cost-cutting helped offset slumping demand.
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