Fer­rari on course for a record year

The Myanmar Times - - International Business -

Ital­ian sportscar maker Fer­rari is headed for a record net profit this year af­ter post­ing its best-ever quar­terly re­sults. Net profit grew 29 per­cent in the three months to June to 97 mil­lion eu­ros (US$88.6 mil­lion) on sales of 811 mil­lion eu­ros, up 5.9pc. The re­sults beat fore­casts by an­a­lysts who had been looking for net profit of 85 mil­lion eu­ros and sales of 785 mil­lion.

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