Philip Morris Inc., citing a huge write-down...

Philip Morris Inc., citing a huge write-down on a completed but inactive brewery, reported its fourth-quarter profits sank 51% on a 6.4% gain in revenue. For the full year, the company said net income dipped 1.7% to $888.5 million.

For detailed data and results of other companies, please see accompanying tables.

Copyright © 2019, Los Angeles Times
EDITION: California | U.S. & World
66°