AstraZeneca posts sharp drop in first-half profits | ABS-CBN

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AstraZeneca posts sharp drop in first-half profits
AstraZeneca posts sharp drop in first-half profits
Agence France-Presse
Published Jul 29, 2022 03:19 PM PHT

MANILA — AstraZeneca, a major producer of COVID vaccines, said Friday that profits fell sharply in the first half on ballooning costs linked to a recent takeover.
MANILA — AstraZeneca, a major producer of COVID vaccines, said Friday that profits fell sharply in the first half on ballooning costs linked to a recent takeover.
Net profit slumped 64 percent to $746 million compared with the first 6 months of last year, AstraZeneca said in a statement.
Net profit slumped 64 percent to $746 million compared with the first 6 months of last year, AstraZeneca said in a statement.
More details to follow.
More details to follow.
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