BMW preliminary Q1 profit before tax surges 370% By Reuters


© Reuters. FILE PHOTO: A logo of German luxury carmaker BMW, is seen ahead of the company’s annual news conference in Munich

FRANKFURT (Reuters) – BMW said on Monday that earnings before tax in the first quarter rose a preliminary 370%.

The carmaker, citing strong sales growth in all regions and especially China, said group earnings before tax was 3.76 billion euros ($4.53 billion), up from 798 million a year earlier.

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