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Alphabet published financial report for the III quarter of 2019

Alphabet Holding published its financial report for the III quarter of 2019. Income for the reporting period amounted to $ 40.499 billion, which is 20% higher than the figure for the same quarter last year, when revenue was equal to $ 33.740 billion. Moreover, if we take into account a favorable change in the exchange rate for the manufacturer, the increase was 22%.

The operating profit indicator for the last quarter amounted to 9.177 billion dollars, which is 0.552 billion more when compared with the same period last year, when operating profit amounted to 8.625 billion dollars. The operating margin for the III quarter of this year was 23%, while for the same quarter last year this indicator was 26%.

The net profit for the quarter is $ 7.068 billion, which is 2.214 billion less than in the same quarter of 2018 ($ 9.192 billion).

The main income of the holding, as in previous periods, was provided by Google, which in the third quarter of this year brought $ 40.344 billion. For the same period last year, Google’s revenue was $ 33.594 billion.

Google’s operating profit over the past quarter was $ 10.865 billion, compared to $ 9.490 billion a year ago.

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