UPDATE 6-GE warns of more pain ahead as pandemic deals $1 bln cash hit
General Electric Co said on
Wednesday the coronavirus pandemic dealt a $1 billion blow to
cash flow at its industrial business in the first quarter, while
total revenue fell almost 8% and the company warned the damage
would worsen in the next three months.
Wednesday the coronavirus pandemic dealt a $1 billion blow to
cash flow at its industrial business in the first quarter, while
total revenue fell almost 8% and the company warned the damage
would worsen in the next three months.
Posted by Reuters
