GE Majaps Unit
Posts Q1 Increases
By Steve Smith On May 2 2011 - 4:01am
FAIRFIELD, CONN. –
GE’s first quarter
report stated its home & business solutions
unit had higher sales and earnings in the first
quarter ended March 31.
The unit, which includes GE Appliances,
had revenues of $1.98 billion, a 3
percent gain, and operating profit of $74
million, a 4 percent gain over last year’s
The only specific mention of GE Appliances
in the report was that the company
implemented an April price increase.