With an announcement of a huge amount of earnings of around $479 million year ,KODAK brought into notice , the excellent growth and achievements that it has made off late in all domains of the business areas including the intellectual transactions.
The earnings that were reflected during the first quarter of the year by the Kodak's first-quarter segment earnings keeping apart the intellectual transactions were around $69 million . The scope of the digital earnings extended to around $60 million. A major part of the credit goes to the working capital for this drastic rise in the profit level as the intellectual transactions were almost unmoved.
According to said Antonio M. Perez, Chairman and Chief Executive Officer, Eastman Kodak Company, "Such an outstanding results by the company this year have made people assured about the fact that the policies and plans that are implemented by the company are working fine for the betterment of the results..” He further added that the anticipated results for the year 2010 are even better.
Other first-quarter 2010 details:
A hike of about $725 million was reported by the company against a loss of $336 million in past days. This has had its contribution from all business domains as well as the recurring intellectual transactions.
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