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Forum FZ Portugal « NOTÍCIAS « Automobilismo « [topspeed]Is Chrysler making profits?

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« em: 02 de Agosto de 2008, 23:01:03 »

Is Chrysler making profits?

 
Posted on 08.1.2008 16:50
 by
Myles KornblattFiled under:
    Chrysler  |  industry newsIn a time when GM and Ford are reporting huge losses, Chrysler is reporting that they have made money in the first half of this year. Ron Kolka, Chrysler's Executive Vice President and Chief Financial Officer, said in a conference call today that the company has made $1.1 billion EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization). EBITDA is used in researching profitability, but because those who report it can also manipulate it, EBITDA is not an accounting instrument (...)Permalink | Comments
 

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