In the first quarter of the 2019/2020 financial year (end January) US DIY store group Lowe’s Companies Inc. (Mooresville, North Carolina) increased net profit by 5.9% to US$1.046bn (Feb.-April 2018: 0.988bn). The main contribution to this increase was the sale of assets in Mexico and the ensuing positive tax effect ...
Lowe’s: higher net profit due to sales of assets in Mexico
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