Nokia’s Q3 net sales rose 6% year-on-year, and comparable operating profit fell short of market expectations

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Nokia announced the third quarter 2022 financial report data. The company’s Q3 net sales were 6.241 billion euros, up 6% year-on-year at constant exchange rates, higher than market expectations of 6 billion euros; net profit was 428 million euros, up 22% year-on-year; operating profit was 518 million euros, up 3% year-on-year; diluted After the earnings per share was 0.08 euros, an increase of 33% year-on-year. In terms of comparable financial report data, Nokia’s Q3 comparable operating profit was 658 million euros, an increase of 4% year-on-year, and the market expected 696 million euros; the comparable operating profit margin was 10.5%, compared with 11.7% in the same period last year. (Zhitong Finance)
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